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Hyderabad: As the Lok Sabha elections started to trickle in, the heat on the Bharatiya Janata Party resulted in a meltdown in stock markets, with the Sensex and the Nifty crashing on the opening bell...
HDFC Life, SBI Life, ICICI Bank, Tata Consumer and Tech Mahindra were among the top losers on NSE in today's trade.
Arrow Greentech, Titagarh Wagons, Mazagon Dock Ship, Century Enka and Sumitomo Chemical, hit their fresh 52-week highs during the day.
Stocks to buy: Analysts recommend nine stocks for short-term gains, including Tata Motors, Tata Consumer Products, and Larsen & Toubro. Potential double-digit returns are projected in the near term.
Retail Sales Growth: Pent-up demand post-Covid led to booming sales in athleisure wear and lifestyle products. Kumar Rajagopalan notes the unsustainable high growth post-pandemic and the impact on consumer spending.