Indian markets have been hovering around their all-time high for quite some time. As the traders weren't having any major trigger after the quarterly results, markets have remained range-bound.
Mayur Uniquoters has witnessed decline in the recent quarters but Sharekhan analysts are confident that the company can offer 20 percent returns from the current levels.
Indian markets remained in the red for most of the day on Monday. Markets don’t have any major trigger but Indian indices are trading near their all-time high.
Indian market closed strong on Tuesday after two days of correction. Stock markets have ignored BJP's loss in the New Delhi elections. Markets had already factored in the results from exit polls.
Indian markets have been hovering around their all-time high for the past two months and majority of index stocks have gained in the rally which was witnessed towards the end of year 2019.