InCred has a reduce rating for ER&D stocks Tata Tech and Tata Elxsi. Yes Securities suggests buying in Tech Mahindra, Indus Towers and Granules.
Gautam Shah says “chartically, we are very, very well placed. There is still a lot of concern whether we are going to top out or not and markets never top out on concern or fear. He does not think there is still greed in the system and so there is still a long way to go. One should stay committed without overanalysing or trying to make in and out moments daily.
The U.N. Security Council approved a resolution demanding Yemen's Houthi rebels halt attacks on ships and address maritime security disruptions in a critical Middle East waterway. The resolution, approved 12-0 with Russia, China, and Algeria abstaining, did not mention the Houthis' claim that their attacks are related to the Israel-Hamas war. The resolution condemns the Houthis' attacks and calls for addressing regional conflicts.