As of 31-Mar-2022, promoters held 60.51 per cent stake in the company, while FIIs held 11.28 per cent and domestic institutional investors had 0.86 per cent.

For the uninitiated, bond prices fall when interest rates go up. Thus, in the scenario of interest rates going up, a short position in the bond markets provides attractive money-making opportunities. The current consensus believes that the market will see persistent inflation moving forward, which in turn, will impact the economic growth rates around the world.

The S&P 500 is now down nearly 16% for the year to date, while the Russell 1000 Growth index, which is more focused on technology companies, is down nearly 25% over the same period.

Bharti Airtel, Indian Oil , DLF, PI Industries, Abbott India, GMR Infra, Dr Lal Pathlabs, Kajaria Ceramics, IRB Infra, Zydus Wellness, EID Parry, Jubiant Ingrevia, Sapphire Foods and Minda Corp are among the companies which will announce their earnings today.

Shares of Great Eastern Shipping Company will go ex-dividend today. The company had announced an interim dividend of Rs 5.40 per share.

"With global supply chains in crisis, a driver for capital expenditure in India will be the evolving “China +1” sourcing strategy. Overall, despite a tough macro environment India is relatively better placed to ride out the current crisis and emerge as one of the fastest-growing large economies. Structural drivers are in place for a sustained higher level of economic growth."

“It is important the residential property cycle is kicking in because as a domestically driven sector that generates employment in the construction sector, that has all kinds of multiplier consequences and the affordability is there because for seven years I would assume nominal income growth in India has run well ahead of property prices.”

Investors with a long-term horizon can look at buying the stock at current levels or on dips for a potential target of Rs 1,380 with a 12-month horizon, suggest experts. A stop loss below Rs 1,000 can be kept for all long positions.

“We might see a positive surprise when they eventually announce results and therefore I still think it is worth buying, if it were to be available at the IPO price or even below. One has to be sure of course that every market can take a 20-25% beating easily. If you cannot take that kind of volatility, this market is definitely not for you and perhaps the LIC IPO is not as well even after listing. ”

"We were amongst very few companies in India to report a YoY revenue growth during the Covid period. We reported an almost 7% year-on-year revenue growth in FY21, the year when the economy contracted. And also witnessed more than 10% year-on-year revenue growth in FY22. The last 2 years of Covid proved to be a tailwind for SIS business."