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On the technical charts, the 200-day moving average of the stock stood at Rs 1633.08.

A total of 11,620 shares changed hands on the counter till 11:48AM (IST)

“RBI will manage liquidity, will be careful in inflation and is watching it and will take corrective action on the government’s borrowing programme. ”

Piramal Enterprises Ltd. key Products/Revenue Segments include Interest, Pharmaceuticals, Income From Financial Services, Dividend, Other Operating Revenue for the year ending 31-Mar-2021.

The stock traded at a P/E multiple of 24.87, while the price-to-book value ratio stood at 2.6.

Mrs. Bectors Food Specialities Ltd., incorporated in the year 1995, is a Small Cap company (having a market cap of Rs 2548.54 Crore) operating in FMCG sector.

“No stock is cheap in this market but I believe that VIP is very uniquely positioned and because of the fact that it has moved its entire sourcing from China to Bangladesh just before the Covid crisis.”

On the technical charts, the 200-day moving average of the stock stood at Rs 1068.79.

Manish Gunwani, Chief Investment Officer of equities at Nippon India Mutual Fund, believes the bigger risk to the market may not be the expected hike in interest rate, but the forthcoming elections.

ICICI Bank Ltd., incorporated in the year 1994, is a banking company (having a market cap of Rs 486276.12 Crore).