“From a valuation perspective, midcap IT in pockets is trading higher than largecap IT in terms of valuations. Therefore the room for error in terms of growth expectations and earnings trajectory as far as midcap IT is concerned, is very, very low. ”

“Even at current levels, NTPC is an excellent stock. For a long term investor, power stocks like NTPC is like an annuity income.”

“Reopening trade or consumer demand is going to be very geography specific. It is going to be all about urban India, it is not going to be pan India.”

ICICI Prudential Life Insurance Company Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 95389.49 Crore) operating in Financial Services sector.

As per the report, households and micro and small enterprises were most affected in the latest downturn and will slow the recovery while they repair their balance sheets. Inflation remains relatively high, and public debt worries persist.

Crisil Ratings expects “further improvement” in Airtel’s overall credit risk profile over the near to medium term on the back of improving cash accruals, the telco’s deleveraging plans, including the upcoming rights issue, notwithstanding adjusted gross revenue (AGR) dues and additional expenses incurred in acquiring spectrum in the last 4G auction in March.

Its pricing will be decided at a meeting between company representatives and the National Expert Group in Vaccine Administration for Covid (NEGVAC), headed by Niti Aayog member VK Paul, and health ministry officials, likely to be held this week, they said.

Oil prices fell for the second straight day on Wednesday as doubts re-emerged over demand, with COVID-19 cases continuing to rise worldwide and gasoline shortages in some regions. Brent crude was down $1.03 or 1.3% at $78.06 a barrel by 0130 GMT, having fallen nearly $2 on Tuesday after touching $80.75, its highest in nearly three years.

Gold prices were flat near a seven-week low on Wednesday, pressured by a rise in the dollar and U.S. Treasury yields on growing expectations of an earlier-than-anticipated interest rate liftoff. Spot gold was flat at $1,735.17 per ounce by 0123 GMT. On Tuesday prices fell to their lowest level since Aug. 11 to $1,726.19.

Asian shares lost ground on Wednesday, tracking declines on Wall Street as investors fretted over economic uncertainties that caused a spike in U.S. benchmark bond yields and pushed the dollar to a more than 10-month high