News for Fraser and Company Limited (FRASER.BO)

Read more about Stocks to Watch: RIL, Wockhardt, IDBI Bk, SJVN, Titan, DMart, FMCG, Pharma on Business Standard. Pharma shares may be in focus as India's apex health research organization ICMR has raised concerns around the safety for use of the oral antiviral drug Molnupiravir

Rajesh Palviya of Axis Securities feels the overall short-term trend is still intact upward. One should use any pullback rally towards 17,600-17,500 levels as a buying opportunity with a stop-loss of 17,400 with an upside towards 18,000-18,200 levels, he advised.