According to CNBC TV18, Mayuresh Joshi, Director Research at Marketsmith India, identifies Patanjali as a potential FMCG outlier for FY27. The expert expects the company to demonstrate stronger growth, improved margins, and enhanced cash flows during this fiscal year. This positive outlook suggests Patanjali could significantly outperform other FMCG companies in the sector.
As reported by CNBC TV18, Joshi believes the worst may be over for HDFC Bank. This assessment suggests the banking sector's challenges may be stabilizing, with HDFC Bank positioned to benefit from improved market conditions. The expert's view indicates potential recovery momentum for the private sector lender.
According to CNBC TV18, select pharma, engineering and specialty chemical stocks could support broader market gains. Recent market data shows significant activity in these sectors, with Tega Industries, Patanjali Foods, JP Power, Engineers India, Jyoti CNC Automation, Mankind Pharma and Concord Biotech witnessing strong buying interest from market participants. The expert's recommendations suggest diversified investment opportunities across different market segments.
Indian equities gained on Monday as cooling oil prices and positive global cues lifted sentiment. Sensex rose 564 points to 74,859, while Nifty gained 68 points to 23,414. The sharp gains in the afternoon added nearly ₹2 lakh crore to the total market capitalisation, pulling it up to near ₹482 lakh crore. This comes after Sensex and Nifty saw divergence for two consecutive sessions, with Sensex closing in the red and Nifty in the green following sharp swings during the closing auction session.
