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Currently, there are 25 draft offer documents, filed by various companies, under process with the market regulator Sebi. Nearly 30 companies have already received a green signal from the regulator, aimed at raising over Rs 30,000 crore. Meanwhile, about 40 other companies have submitted their DRHPs for approval.

Three stock recommendations from Kunal Bothra

Updated at : 2024-01-27 18:50:05

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Data actually suggests that after the series of January being a negative month, February actually is a month where you see the index coming back into a rally or trending mode. Historically, we have seen that the index manages to break even past the January highs, which have been made earlier. So, if that is the case, then it could probably be a positive effect for the January series, according to Kunal Bothra.

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Copper ended the previous year with a gain of 2% while aluminium and lead prices lost 1% and 4%, respectively. In the meantime, zinc was the worst-performing metal in the group shedding more than 14% in the domestic market and 10% in the overseas market.

In 1999-2000, the market cap of Asian Paints was ~$200m, just 2% of the largest consumer company then, Hindustan Unilever. Today Asian Paints’s market cap is $35bn, more than 50% of Unilever’s! Titan was a tiny cap during 2001-4 (the lowest was in 2001, a market cap of $25m, vs $40bn now!) when it entered the jewellery segment and changed the industry.

The BSE 500 index ended 330 points lower on the week-on week basis at 30,669.27 and the market rout was led primarily by banks, IT, FMCG and realty stocks while pharma, auto and infrastructure counters restored some pride.

FIIs net sold shares worth Rs 10,556 crore in the secondary market in just three sessions last week. Last week, January 22 and 26 were public holidays. Such was the sell-off last week, that it made for one-third of the total outflows seen in domestic equities so far in January.

YES Bank Q3 Results: Provisions for the quarter dropped sharply, which aided growth in the bottom line. Provisions and contingencies for the reported period stood at Rs 555 crore, compared with Rs 845 crore a year ago. Despite this, the pre-provision operating profit declined 5.4% YoY to Rs 864 crore.

Veliyath raised his stake in Kerala Ayurved by 164 bps to 4.82% in the quarter ended December 30, 2023. At the end of the September quarter, he held 3.18% stake in the company. The value of his holding is nearly Rs 14.8 crore, Trendlyne data said.

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Simply put, a market order, when placed in your demat account or through a broker, involves buying a particular stock, bond, or any other tradeable asset at the best available price.

In early trade on Saturday, Bitcoin was trading over 5% higher at $42,003. Also, as per reports, over $4 billion of funds have flowed into the new spot bitcoin ETFs, particularly to products operated by BlackRock and Fidelity.

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