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Goldman Sachs strategists on Monday said equity holdings by retail and institutional investors stand below their historic norms, suggesting there may be additional fuel left to power the bull market if the economy stays strong.

At the interbank foreign exchange, the domestic unit opened at 83.07, then touched a high of 83.06 against the American currency, registering a rise of 7 paise over its last close.

At the end of the June quarter, the promoters held a 67.65% stake in Adani Enterprises, with the remaining shares owned by public shareholders, including the US-based investor firm GQG Partners, which holds 2.67%.

The Nifty Realty index was trading 0.84 per cent up at 539.95.

​Analysts gave a thumbs-up to the issue as it offers a favourable risk-reward ratio for long-term investors, given its unique business model, decent return ratios and margins. "We are confident that Aeroflex Industries will deliver consistent performance and provide an excellent investment opportunity for investors with a long-term horizon," said Profitmart Securities.

Of course, we will always remain young because at the end of the day, firms like us, though we have spent 30 years, realised, I always say that the average age of Aditya Birla Sun Life Mutual Fund is roughly about 34-35, so it will always remain, new generation will come.

On the top of the list is Apar Industries, which has seen its EPS rise from 41.94 in FY21 to 67.08 in FY22 and to a further 166.64 in FY23.

The stock traded at a P/E multiple of -233.75, while the price-to-book value ratio stood at 1.9.

The Relative Strength Index of the stock stood at 47.34 on Tuesday.

CarTrade Tech, incorporated in the year 2000, is a Small Cap company (having a market cap of Rs 2379.71 Crore) operating in Services sector.