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"We believe 2024 will beckon a shift in investment direction away from agrochemicals. Incumbents will explore new products and markets as the industry retools beyond crop solutions, including, but not limited to, opportunities within the clean energy ecosystem," said the brokerage.
"Private banks may take a backseat, may see a small bounce back here and there but PSU banks should actually do good from here. So that puts up around 60-65% of the Nifty in a rather sweet zone, which after this consolidation, especially since we have crossed the 20-day moving average on Friday, closed well above that. The chances of the Nifty heading towards the 20,400 mark in September seems very high. "
Fund managers hiked exposure in KIMS, Affle India, KEI Industries, Westlife Foodworld, Birlasoft, CIE Automotive India, MCX, Narayana Hrudayalaya, Cholamandalam Financial Holdings and Home First Finance, shows data pulled from the records of Finalyca by PMS Bazaar.
More than 858 multi-nationals visit the CU campus and the highest package sees a 30% growth
As of 9:50 am, the Nifty traded 121 points or 0.63 percent higher at 19,477.30, while the Bank Nifty also traded 150.25 points or 0.33 percent higher at 45,011.10.