Indian equity benchmarks opened with muted direction on Thursday, as investors adopted a wait-and-see stance ahead of upcoming macroeconomic data.
The BSE Sensex and NSE Nifty 50 traded in narrow ranges, reflecting a lack of clear conviction among institutional players in the early session.
Amid the broader market consolidation, brokerages are pointing to specific pockets of opportunity.
Aditya Birla Capital has emerged as a top pick, with analysts recommending a buy position at ₹385.50.
The financial services firm is being cited for its strong balance sheet and potential for earnings growth in the current rate environment.
The cautious tone in the broader market contrasts with the recent performance of other high-profile names.