“Given the increase in Crude and US yields and fall in EURO and GBP, USD may now open at 74.38 against the INR and could be in a range of 74.15 to 74.55 for the day. The USD looks stronger and is expected to move higher after finding support at 94.50,” Anil Kumar Bhansali, Head of Treasury at Finrex Treasury Advisors said.

"Look for companies which are benefiting from the China plus strategy in the API, CRAMS segment in the chemical and pharmaceutical segments. Companies likes Supriya, Ami Organics, Anupam Rasayan, Rossari Biotech and even Laxmi Organics," says Deven Choksey

The stock quoted a 52-week high of Rs 1823.0 and a 52-week low of Rs 1393.0.

As of 31-Dec-2021, promoters held 46.53 per cent stake in the company, while FIIs held 15.28 per cent and domestic institutional investors had 13.26 per cent.

On the technical charts, the 200-day moving average of the stock stood at Rs 146.17.

Indian Oil Corporation Ltd., incorporated in the year 1959, is a Large Cap company (having a market cap of Rs 116076.58 Crore) operating in Gas & Petroleum sector.

A total of 14,275 shares changed hands on the counter till 11:57AM (IST).

A total of 34,247 shares changed hands on the counter till 01:35PM (IST).

“About 78% of banks are saying that the frauds will continue to rise in the next two years as well.”

Goldman Sachs has a target of Rs 9,100 on Maruti Suzuki. This brokerage is expecting investor focus on the counter to pick up amid new product launches. The foreign brokerage is expecting the first EV launch by Maruti before calendar 2025.