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"FPIs sold heavily in banks and IT and were buyers in metals," noted V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

"After Google’s deal with Airtel, I think this stock will remain in focus."

Funds raised from fresh issue will be used for funding investment in IT assets for expansion and existing IT infrastructure of the company, support working capital requirements and general corporate purposes.

According to a recent CFA Institute global survey of retail and institutional investors, 60% of Indian investors (sample of 200 retail and 75 institutional investors) cited higher risk-adjusted returns as the primary reason for investing in ESG funds.

"I have two investments which are individually a billion dollars. For Titan, it is $1.75 billion and there is Star Health."

A doubling of Q3 profit sent Deepak Fertilisers shares up by 20 per cent in the December quarter.

Flows into gold ETFs in 2020 were the result of risk aversion due to the Covid-19 pandemic as well as the coordinated easing of monetary policies and softening of global interest rates which made gold attractive.

“One can buy in some of the API, house improvement and technology stocks have seen a good correction despite very strong uptrend, quarter on quarter growth in terms of constant currency and in terms of deal wins. Also, private sector banks are now more resilient. Selectively putting money to work and hugging the earnings growth wherever it is visible.”

“My concern about our markets over the next year is more global than local. The domestic economy is doing fine. It is the global uncertainties which we have discussed earlier in our conversation that worry me a lot. If the world equities, global equities correct, then they will drag down India as well.”

Meta is now trading akin to a “value” stock, one that’s cheap on measures such as earnings or book value, rather than a more expensive “growth” stock.