1) Polycab India rose after positive Q2 results. The trading volume was 18times higher.2) Kotak Mahindra Bank is exploring an acquisition of private-sector rival IndusInd Bank, according to a report. #MOMarketUpdates #MotilalOswal #Indianstockmarket #sensex #Nifty #Indusindbank #PolycabIndia
Cable and wire companies stocks are witnessing fresh buying after the media news that the companies may further hike price by 4-5% on account of rising raw material price. It will be third time by the company to hike price. Expects positive for Polycab, Finolex Cable, KEI Industries and Havell’s India. #MOMarketUpdates #Indianstockmarket #MotilalOswal #Polycab #Havells #FinolexCables #Sensex #Nifty #digitization