New Delhi, July 9 -- On Tuesday, the Nifty 50 traded within a narrow 130-point range and ended 61 points higher. Market sentiment remained cautious ahead of the upcoming US tariff decision, keeping investors on edge. The realty and BFSI stocks provided support, while weakness in the consumer durables, pharmaceuticals, and healthcare sectors limited overall gains.
Lemon Tree Hotels Ltd (current price: Rs. 146.79)
Why it's recommended: Strong position in mid-market segment, institutional backing, more hotels coming up in tier-2 and tier-3 cities.
Key metrics: P/E: 45.06 | 52-week high: Rs. 162.40 | Volume: Rs. 219.99 crore
Technical analysis: Trending above all its key moving averages, bullish pattern breakout.
Risk factors: Economic a...
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