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So, in any case we are not invested in any of these stocks and in fact we do not advocate also getting into these stocks even after 20% correction because we believe that they are valued much ahead of the time. They are all good companies, they will keep performing but you have already paid them for next four-five years of performance.

Stocks in news: The markets saw an uptick of almost half a percent on Tuesday, with Zomato, Cyient DLM, L&T, Petronet LNG, and NHPC grabbing attention. Notable activities included a major stake sale by Antfin Singapore Holding in Zomato, and equity transactions involving PNB Housing Finance and Cyient DLM. L&T got GST relief, while NHPC reported a landslide at Teesta-V.

Sebi has proposed reforms to streamline the process for Indian companies to raise funds via rights issues. Key changes include eliminating the draft offer letter, removing the merchant banker requirement, and reducing timelines.

Last month, the company entered into definitive agreements for acquisition of 55 per cent stake of GG Tronics through a combination of purchase of equity shares from GGT promoters and by way of subscription to compulsorily Convertible Preference Shares for an aggregate consideration of Rs 319.38 crore.

A recent NSE circular has disallowed sharing brokerage income for referrals to prevent trade inducement. Zerodha said it would pay out all referral wallet balances over Rs 10 and stop the referral program from August 25.

Domestic equity indices rose on Tuesday, with financials and IT stocks leading. The S&P BSE Sensex gained 0.47% to 80,802, while the NSE Nifty50 ended near 24,700. A move above 24,700 could target 25,000-25,100 soon.

The IPO is priced between Rs 195-206 per share, and at the upper end of that range, shares are already trading at a 27% premium in the grey market. If this momentum continues, investors can anticipate significant gains when the stock lists.

The IPO of Unimech is a combination of fresh equity issue of up to Rs 250 crore and an offer of sale (OFS) up to Rs 250 crore by promoter and promoter group selling shareholders.

Innovision Limited, a Haryana-based company, submitted its draft red herring prospectus to Sebi to raise funds through an IPO. The IPO includes fresh equity and an offer for sale by promoters. Proceeds will go toward debt repayment and working capital. Innovision provides security, toll plaza management, and skill development services.