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However, management did highlight that land sales prospects are improving, and there exists the potential for significant land sales over the next 2-3 years, though the timing of such sales is uncertain, it added. We view this as a source of upside to our EBITDA estimates with a significant government push to set up manufacturing facilities, said the global brokerage.

The global cryptocurrency market cap was trading flat at the $1.01 trillion mark, dropping marginally, less than a per cent in the last 24 hours. However, the total trading volume tanked more than 22% to $79.80 billion.

The IPO market is again seeing momentum, as well as, huge investor interest. Here are 9 IPOs of FY22 that delivered up to 260% return for its investors.

“The stock price started its up move from Rs 84 (July 2019). The stock made a high of Rs 438 in Dec 2020 accompanied by Higher Bottoms & Top formations,” Bharat Gala, President - Technical Research, Ventura Securities Ltd, said.

Jindal Stainless Ltd., incorporated in the year 1980, is a Small Cap company (having a market cap of Rs 7648.59 Crore) operating in Metals - Ferrous sector.

The Nifty Bank index was trading 0.44 per cent down at 41114.7.

“We feel that Indian snacks consumption can give a steady growth of 12% to 15% over the next few years and within that, a player like Bikaji which has a lot of products, good distribution presence and focuses on the Indian savoury market, holds a lot of potential. We definitely believe that there is a listing gain perspective in the Bikaji IPO.”

Shares of Allsec Technologies (Rs 20 per share), Crisil (Rs 10 per share), Kewal Kiran (Rs 3 per share), Procter and Gamble Hygiene (Rs 65 per share) and TCI Express (Rs 3 per share) will trade ex-dividend today.

Incorporated in 2008, Mysore (Karnataka) based Kaynes Technology is an IoT solutions-enabled integrated electronics manufacturing company.

Among Sensex stocks, Bajaj Finserv, Axis Bank, Bajaj Finance, Reliance, Maruti, M&M and L&T were the top gainers, rising about 0.5-1.5%. Tata Steel, NTPC, HDFC, Nestle, UltraTech Cement and Power Grid Corp also opened higher.