The government data also showed that the Index of Industrial Production has risen 11.9% year-on-year for the month of August as against 11.5% in July.
ICICI Securities projected that the revenue of IEX may increase by 30.80% CAGR to Rs 712 crore by FY24.
US stocks ended a choppy session lower on Monday as investors grew nervous ahead of third-quarter earnings reporting season.
Overall market breadth was positive as 1,952 stocks on the BSE advanced, while 1,481 declined and 159 remained unchanged
Rajesh Agarwal of AUM Capital spoke to Money9 on what to expect from markets going forward
Mazhar Mohammad of Chartview India is positive on Bank of Baroda with a target price of Rs 97
Dividend yield as a financial metric assesses dividend payout and allows a comparison with payout on other stocks.
Thus going ahead, despite the strength in the broader markets the benchmark index would have to push harder to clear the hurdle of 18,000 -18,200.
Lovelesh Sharma, Technical Analyst, Finversifym gives an outlook of how the markets performed this week on Bazaar Weekly.
Traders are advised to maintain a bullish bias going ahead but should remain vigilant of any break of newly established support in global indices.