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The Indian equity markets closed higher on Friday after a volatile session, led by stocks of Reliance Industries, ICICI Bank, and IT companies. The benchmark S&P BSE Sensex rose 298 points or 0.48% to settle at 61,729. The blue-chip Nifty 50 index gained 73 points or 0.41% to end at 18,203. From the Sensex pack, Tata Motors, Tech Mahindra, and Infosys were the top performers

The Indian equity market has undergone a significant transformation over the last decade, with increased liquidity and participation from domestic and foreign institutional investors. This has helped improve the efficiency and accessibility of the market for investors.

8 stocks may be recategorised as midcaps.

Hemant Surgical is planning to issue fresh equity shares of up to 27.6 lakh at a price band of Rs 85-90 per share. The company has reserved 35% of the issue for retail investors. The company has fixed QIB quota at 50% and NII quota at 15%. The GMP of the issue is expected to be around Rs 7. The company intends to use the net proceeds for funding capital expenditure towards installation of additional plant and machinery, meeting working capital requirements

The panel said currently it cannot be concluded that there has been a regulatory failure on the part of SEBI on the allegation of price manipulation in the Hindenburg report. The panel report said it’s too early to conclude whether share price manipulations took place in Adani stocks.

Promoters held 43.92 per cent stake in the company as of 31-Mar-2023, while FII and DII ownership stood at 13.86 per cent and 1.85 per cent, respectively.

A total of 1,689,546 shares changed hands on the counter till 02:14PM (IST)

Nexus Select Trust is a REIT that is backed by rental yielding assets. The trust is listed at a mild premium of 3% over the issue price on Friday. Analysts advise investors to hold on to the stock and even accumulate at the listing price for the long-term considering the growth visibility.

Clean Science & Technology, incorporated in the year 2003, is a Small Cap company (having a market cap of Rs 15903.76 Crore) operating in Chemicals sector.

​I think the REIT, just to add, also gives you a very efficient structure, compared to a normal company to just swap in for units, which is very tax efficient for the seller.