Stock Market Highlights: Sensex and Nifty end flat — Infosys, Titan and Asian Paints top laggards

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R&D, manufacturing the biggest growth market is India: Punita Kumar Sinha

"Just looking at the macro situation and also, when I talk to most of the companies, I am on boards of and other companies, everybody is really looking to India as a source of growth. So whether it's R&D, whether it's manufacturing, the biggest growth market is India. And so everybody's focused on it. So that is going to keep the economy pretty stable from falling off the cliff. Because there is this inherent demand, again, from our 1.4 billion people, and also from all the global companies that are wanting to look at India," says Punita Kumar Sinha, Managing Partner, Founder at Pacific Paradigm Advisors. "Now, of course, valuations in India are at a high, as you said the markets outperformed. So I suspect when the growth begins to come back into the other economies, then maybe we will see people shift out of India to some of the other emerging markets."

Nifty and Sensex ends near flatline

-- Oil marketing companies gain on crude slide, BPCL, HPCL up 3-5 percent

-- Aviation stocks rise on increased demand & crude fall, Indigo up three percent 

-- PNB rises another three percent today on positive brokerage note

-- Select it stocks like TCS, Persistent, Birlasoft recover from opening lows

-- Dalmia Bharat surges over three percent on acqusition of JP Assoc Assets for nearly Rs 6,000 crore

-- Kirloskar Brothers surges six percent as shrhldrs reject independent auditor probe

-- JP Assoc gains 10 percent & JP Power up 11 percent on asset divestment

-- Market breadth neutral, advance-decline ratio at 1:1

Rupee ends 26 paise lower vs dollar

Kind of undervaluation that we have seen in the recent past is no longer there: Rajesh Baheti

“If you are invested stay invested, maybe 10-15 percent more, for the fact that in a relative sense they are still undervalued. But the kind of undervaluation that we have seen in the recent past is no longer there," says Rajesh Baheti, Director, ANMI. "So anytime you have a little bit of discomfort in the BFSI space, PSU banks will be the first to undertake that hit. So you got to keep that in mind that the PSU space can be volatile and if things go south then they are first one to take the brunt."

Kirloskar Brothers' sharehloders reject proposal to investigate expenses & examine conduct of board & independent directors

Buy HDFC Bank, sell BEL: Himanshu Gupta

Here are two recommendations by Himanshu Gupta of Globe Capital:
-- Buy HDFC Bank for a target of Rs 1,680-1,700 with a stop loss at Rs 1,620
-- Sell Bharat Electronics Ltd (BEL) for a target of Rs 198 with a stop loss at Rs 107

NIIFL signs MoU with Tamil Nadu government 

HCL Tech expands partnership with Mondelēz International

Considering a few acquisitions in Europe that will help grow business: Rajan Venkatesan of Latent View Analytics

MoS Fin to LokSabha: Average inflation above tolerance level of 6% for 3 consecutive quarters of 2022

Bodal Chemicals allots 29.70 lakh shares of company to SPS Processors shareholders post merger

Satellite launch vehicle will be a fully integrated system, its a 3-year programme: Srinivas Reddy of MTAR Technologies