What should investors buy now? 25 Nifty50 stocks trading at a premium to their 10-yr average Experts feel that the premium given to the stocks is justified, and will continue to dominate the space as they can be termed ‘safe bets’ in volatile times.
10,450-10,500 are likely to be crucial hurdles for Nifty: Umesh Mehta Real estate, cement, infrastructure are showing weakness in technicals. Whereas, auto especially two-wheelers, pharmaceutical, and FMCG are showing resilience on a technical front.
UltraTech Cement restricts FY21 capex to Rs 1,000 crore amid COVID-19 disruptions In a regulatory filing, the Aditya Birla Group firm said the capital and financial resources of the company remain entirely protected in spite of the adverse impact on its sales during the first two phases of the lockdown and the liquidity position remains "adequately covered".