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stocks to buy now: In auto, prefer two-wheelers; Hero Moto top pick: Siddhartha Khemka

Sun Pharma reported better-than-expected earnings with EBITDA margins beating expectations. The stock reacted positively to the news. Voltas had weak performance, particularly in the project business, but the market reacted positively, possibly due to short covering. Blue Star, on the other hand, had strong results and a positive outlook. Battery companies like Exide and Amara Raja are showing good traction, but we have a neutral rating on them and prefer to invest directly in the OEMs. Our top picks are two-wheelers, with Hero Moto leading the pack.

Nifty Today: Pre-market action: Here s the trade setup for today s session

"Overall, we expect the market to remain range-bound till the two large events the US Fed meeting and Indias Interim Budget unfold," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.

Downward bias seen for Nifty, Sensex at open - The Hindu BusinessLine

Downward bias seen for Nifty, Sensex at open - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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