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Jyothy Labs Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 5535.67 Crore) operating in FMCG sector.

As of 31-Mar-2022, promoters held 51.45 per cent stake in the company, while FIIs held 19.49 per cent and domestic institutional investors had 9.06 per cent.

Karur Vysya Bank Ltd., incorporated in the year 1916, is a banking company (having a market cap of Rs 3604.05 Crore).

Stocks that were in focus included names like Divi’s Laboratories which fell more than 6 per cent, Zomato which bounced back and closed with gains of nearly 14 per cent, and Rupa Company which declined more than 16 per cent.

“Right now we have a preference for banks. In IT, we have Infosys and Wipro in the long-term portfolios where we have a 3-5-year horizon. While we have increasing exposure in banks, we have been reducing it in IT for quite some time. We have moved out of midcap IT almost entirely except for one. Intellect is still there and among largecaps, Infosys and Wipro are there.”

KSB Ltd., incorporated in the year 1960, is a Small Cap company (having a market cap of Rs 5131.20 Crore) operating in Irrigation & Allied Services sector.

At least four stocks will go ex-dividend today. It includes TCS, which had announced a final dividend of Rs 22 per share recently. SBI, which announced a final dividend of Rs 7.10 per share, will also go ex-dividend today. Two others -- GRM Overseas and Qgo Finance -- which announced dividend (interim) per share of Re 0.25 and Re 0.10, respectively, will go ex-dividend today.

Coal India, BPCL, IndiGo, Apollo Hospitals, Torrent Pharma, Max Health, NHPC, PFC, Bata, Whirlpool, Fortis, AIA Engineering, Nalco and SJVN are among the companies which will announce their March quarter earnings today.

Nimeya.Ai is said to be India’s first personal financial wellness app meant for individuals, family members and family offices which builds a robust ecosystem for optimal financial decision making. The app measures the financial net worth on a real time basis including contingent net worth and helps users to achieve their financial goals.

However, market dynamics of the decorative paints sector have changed with new capacities being announced backed by strong growth and outlook, it added.