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FIIs have raised stake in Aegis Logistics from 15.03% in March 2022 to 16.4% in December 2022. Similarly, MF ownership has also gone up from 2.02% to 3.10%. In the last one year, the stock has rewarded investors with 116% return.

India VIX moved up by 1.05% from 13.87 to 14.02 levels on Tuesday. Volatility has been slightly falling from the last three sessions with a little bounce in the previous session.On the weekly options front, the maximum Call OI is placed at 17,400 and then towards 17,500 strikes while the maximum Put OI is placed at 17,000 and then towards 17,300 strikes.

The global investment bank sees tailwinds for margins going forward. FY24 will also likely benefit due to the lower impact of the mega-deal ramp-up. Infosys is currently trading at ~23x 1-year consensus EPS. Infosys at a 12% discount to TCS.

The company has fixed March 2 as the record date for both the stock split and bonus issue, but later extended it by a day to March 3 as it said it needs at least a working five-day gap from the date of EGM.

The stock quoted a 52-week high of Rs 2784.95 and a 52-week low of Rs 1659.25.

Cipla, incorporated in the year 1935, is a Large Cap company (having a market cap of Rs 72606.20 Crore) operating in Pharmaceuticals sector.

“The market is moving towards technology-based trading and the kind of model or the logic framework that given the opportunity which is there in the market – both options as well as the normal market – is where I am really inclined. There is going to be a big headway because of the new norms that Sebi is going to come out with and the fact that they can have good returns irrespective of the market.”

The Nifty Realty index was trading 1.31 per cent up at 398.35.

The Relative Strength Index of the stock stood at 40.81 on Wednesday.

The steep jump in those payouts has reduced the incentive for investors to take risks, marking a break from the post-financial crisis era when persistently low interest rates drove investors into increasingly speculative investments to generate bigger returns. Such short-term securities are typically referred to as cash in investing parlance.