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Debt schemes are currently an attractive option for investors with a short-term outlook or looking for effective liquidity management, according to market expert Jayesh Faria. Short-term investors can consider ultra short-term funds with a minimum horizon of six months, liquid funds with a horizon of one to three months and overnight funds with a view of less than a month.

From midcaps, some of the stocks that we like have really run up quite a bit, but within this space, Radiant Cash Management looks pretty interesting. It is in a CMS business. They have just reported results. What really stands out is that the opportunity is huge though the perception about the cash as a business is nothing really great, that the way the UPI is happening, they feel that the cash business may not be all that good but Radiant Cash Management can clock 18% to 20% growth for the next couple of years.

"I do not think that there is a great way to play the capex cycle right now. If you are looking for capex cycle plays, it is better off dealing with companies which are in a more traditional business of capex, somebody like Thermax or some of the other names may be better positioned to benefit from there," says Anand Tandon.

The Securities and Exchange Board of India (SEBI) has proposed that alternative investment fund (AIF) investors should not be given any differential treatment that may impact the economic rights of other investors. SEBI has also suggested that the pro-rata rights of investors should be maintained so that each investor has proportional rights based on their scheme commitment and investment in each investee company when an investment is made or proceeds are distributed. The regulator has recommended prohibiting AIFs from adopting a differential distribution model and creating clarity on pro-rata rights of investors in an AIF scheme.

With inflationary pressure easing, RBI has already paused the rate hike cycle and the expectations are similar from major global CBs in the upcoming meets. Bond yields have come off from the peak which is positive for equities.

Equity indices ended lower on Wednesday snapping their three-day gaining streak following profit-taking in financials, metal and oil shares amid a bearish trend in the global markets ahead of the FOMC minutes.

Headline index Nifty today formed a long pin bar with higher upper shadow on the daily charts, which was largely negative. Now it has to hold above 18,281 zones, for a bounce towards 18,400 and 18,442 zones while on the downside supports exist at 18,181 and 18,081 zones, said Chandan Taparia of Motilal Oswal.

The issue will be available for public subscription till May 26. The company has fixed the price band for the offer at Rs 85-90. Investors can bid for 1600 shares in 1 lot and in multiples thereof.

Buying was seen in consumer durables, healthcare, utilities, and FMCG while selling was visible in banks and metals on Wednesday. Stocks in focus today include names like Adani Enterprises, which was down nearly 6%; Prime Focus was up nearly 13%, and Sudarshan Chemical Industries closed with gains of nearly 12% on Wednesday.

​I think it has been a mixed quarter for technology, however technology we have seen comeback in a couple of midcap stocks hitting 52-week high.