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Balkrishna Industries Ltd., incorporated in the year 1961, is a Large Cap company (having a market cap of Rs 46002.73 Crore) operating in Tyres sector.

As of 30-Sep-2021, promoters held 0.0 per cent stake in the company, while FIIs held 41.47 per cent and domestic institutional investors had 30.77 per cent.

On the technical charts, the 200-day moving average of the stock stood at Rs 577.87.

Vishal Balabhadruni, BFSI Analyst, CapitalVia Global Research, said the issue seemed to be good for the short term or listing gains but long-term investors must be cautious.

In terms of the best debut on Dalal Street, Sigachi Industries fell behind the spectacular first innings of Tantia Constructions, which entered the secondary markets in April 2006.

A total of 137,357 shares changed hands on the counter till 01:00PM (IST).

Automotive Axles Ltd. key Products/Revenue Segments include Automobile Products & Accessories, Scrap & Others, Other Operating Revenue and Wind Power for the year ending 31-Mar-2021.

Sunteck Realty Ltd., incorporated in the year 1981, is a Mid Cap company (having a market cap of Rs 7030.60 Crore) operating in Real Estate sector.

A total of 20,534 shares changed hands on the counter till 11:42AM (IST)

“The global headwind for markets is likely to come from a sooner-than-expected rate hike by the Fed by, say, mid-2022 contrary to market expectation of a rate lift-off starting early 2023,” said VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services.