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MPC which is set to review policy next week, may maintain a status quo following weaker than expected economy recovery
The domestic specialty chemicals industry clocked double the global CAGR (11.7%) over CY15-20 and is expected to deliver a 12.4% CAGR over CY20-25
Maruti Suzuki is well placed amongst OEMs despite concerns over raw material inflation and supply shortages
Shares of Mahanagar Gas jumped 4.19% to Rs 1,166.1 after the PSU company reported a 351% jump in net profit to Rs 204.08 crore.
Many stocks in the sector are trading at their lifetime highs with valuations touching 2 times of book value
Traders should buy the index and book profits around 15,800.
Gujarat-based specialty chemical manufacturer Tatva Chintan Pharma Chem got listed at Rs 2,111.85, marking a premium of 95% on the NSE.
As many as 27 of 30 Sensex stocks trading in the green. HCL Tech, Titan, Tech Mahindra, M&M and Asian Paints climbed over 2%.
Tata Coffee reported a 26% fall in consolidated net profit at Rs 46 crore for the quarter ended June 2021.
The Federal Open Committee ended its two-day meeting by keeping interest rates in a target range between zero and 0.25%.