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The IPO comprises fresh equity issue of 1.38 crore shares and an offer for sale (OFS) of 30.4 lakh shares.

"Majorly, prices of wheat and pulses may go up as a result of weak monsoon. On the vegetable side, since they are perishable items, supply will have to be strengthened amid high demand for essential vegetables to prevent prices from hitting the roof."

Competitive advantages are increasingly looking unpredictable. New capital is entering profitable sectors, new technologies are a threat, distribution networks are being disrupted and so on. Only a handful of businesses have been able to sustain prolonged outperformance. Such is the creative destruction nature of markets.

Bulls may attempt a shot at $1965 resistance in the near term. The interim hurdle comes at $1955 while support is at $1931/$1914. For now, dip buying is expected to be a preferred trade.

In the largecap space, 15 companies witnessed significant block deals worth Rs 7,711 crore, led by Jio Financial Services with 49 block counts, totalling Rs 2,505 crore. The next in line were Bharti Airtel (Rs 1,879 crore), Zomato (Rs 871 crore), HDFC Bank (Rs 784 crore) and Reliance Industries (Rs 257 crore).

After a relentless streak of advancement spanning 5 consecutive months, the Nifty50 index cooled off in August 2023. In contrast, both the Nifty Midcap 100 Index and the Nifty Smallcap 100 Index have stayed buoyant, making record highs with each passing day.

If someone had invested about Rs 10,000 in stock a decade ago, the investment could have swelled to over Rs 9 lakh, according to an analysis by ETMarkets. The shares have delivered solid returns in the last three years too with a 1500% rise.

A host of brokerages have upgraded the target prices of a number of Nifty Midcap stocks in the last one month.

BSE, which has failed to get a foothold in the futures and options segment so far, is now seeing initial success driven by the launch of its weekly options contract for the benchmark Sensex, which it had launched in May this year.

Domestic brokerage firm Prabhudas Lilladher is bullish on a few stocks, which belong to different sectors such as airline, healthcare, and hotel & resorts.