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A total of 522,974 shares changed hands on the counter till 01:57PM (IST)

Since April 29, the stock has fallen 9.82 per cent.

The smallcaps space is a mess right now. In an environment, where hiding places are few and far between, broader markets (i.e. midcap & smallcap indices tend to take a big knock). The Nifty Smallcap 100 index on the P&F chart has made a pattern of double bottom sells and multiple bearish anchor columns. It is trading below its 10-column average.

The 10 advisers managing the IPO will receive around 10 million rupees ($129,000) each for their role in the offering, a fraction of what they’d typically pocket for a deal of this size. Earnings are further trimmed because India’s government, which owns LIC, won’t compensate the banks for expenses such as printing forms for the issue.

DCB Bank Ltd., incorporated in the year 1995, is a banking company (having a market cap of Rs 2598.21 Crore).

Chaos and high volatility must not be a worry for long-term investors and in the short-term one should look for less volatile and inflation immune stocks such as defensives, experts suggested.

Canara Bank key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest On Balances with RBI and Other Inter-Bank Funds and Interest for the year ending 31-Mar-2021.

The company said its Q4 revenue witnessed “robust growth” of 24 per cent year-on-year (YoY) to reach Rs 15,860 crore, led by better product realizations (+19 per cent), higher volumes (+3 per cent) and currency impact (+2 per cent).

Shares of ITC witnessed a massive selloff in the last 2 years which pushed the stock from its recent high of around Rs 300 which was seen back in May 2019.

“On the ground, things are tough with inflation but corporate balance sheets have been the strongest ever in India. India has gone through a massive deleveraging cycle and therefore corporate balance sheets are very strong and I expect very solid growth going forward. India is in a much better position compared to the rest of the world ”