
Muted institutional flows are leading to some consolidation but there is decent buying in many quality midcap and smallcap stocks.

This week Sensex rose 175 points or 0.30% to settle at 58,305. The Nifty 50 index gained 45 points or 0.26% to settle at 17,369.

Indian benchmark equity indices settled with modest gains on September 9 amid the weekly expiry of derivatives contracts.
Overall market breadth was positive as 1,844 stocks advanced on the BSE, while 1,345 declined and 161 remained unchanged.

BSE MidCap index scaled to a new peak of 24,715, while BSE SmallCap index touched a new high of 27,645 in today's session.

The long-term interest rates relative to equity valuations have strong predictive power for equity returns.

Rain Industries' consolidated net profit surged 672.4% YoY to Rs 265.80 crore on a 54.3% jump in net sales to Rs 3,643.47 crore in Q1 June 2021.

Globally markets have taken a breather from the risk-on mode. India too is likely to follow suit.

Rohit Singre of LKP Securities is positive on Titan Company with a target price of Rs 2075/2100

Key equity indices BSE Sensex and NSE Nifty ended flat after a volatile trade on Wednesday, tracking negative global cues.