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In its regulatory filing, IEX said, “We wish to inform you that a meeting of the board of directors of the company is scheduled to be held on Friday, November 25, 2022, inter-alia, to consider a proposal for buyback of fully paid-up equity shares of the company.”

"Volatility was always there. It’s just that the size of the market has grown big. When you don’t have money, there is a fear building everyday. But as you become big, you can take on a lot of adversity on your side. India has passed through the poverty phase. Now we are in the prosperity phase. India is not a pushover. "

"We think a lot of Indian companies now have the size, and balance sheet, and have been doing a lot of work in improving their product mix towards more specialised products. We have been selective in choosing businesses we invest in and have tried to avoid businesses with a lot of cyclicality and are focussing on companies where speciality chemicals’ share has been increasing."

One may believe that finding multibaggers can help an investor create substantial wealth. But it is easier said than done. In the quest to find such shares, investors may purchase shares of companies without adequate due diligence based on tips or hearsay.

Overall performance in consumers was majorly driven by value as volumes remained subdued on a higher base. While commodity costs have shown signs of stabilisation, many of them remain at high levels.

“Steel margins will improve in Q3 because coking coal prices came off earlier in the quarter. Now they have inched back upwards but there will be Rs 3,000 to 4,000 per tonne margin expansion in Q3 over Q2. But stocks have moved up way beyond what will be the improvement in the margins.”

In the NSE list of stocks with a market cap of over Rs 1,000 crore, four stocks crossed their previous 5-year high value at the close on November 18, suggesting bullishness in counters.

Bharti Airtel Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 494694.36 Crore) operating in Telecommunications sector.

NMDC Ltd. key Products/Revenue Segments include Iron Ore, Pellet, Diamonds, Sale of services, Power for the year ending 31-Mar-2022.

Hong Kong-based crypto services firm Genesis Block said it would cease over-the-counter trading services in wake of contagion risks from the now-bankrupt FTX exchange, according to Reuters.