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“Market is probably factoring in the next two years of earnings but there is a larger runway.”

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"IPOs are probably the best way to expand the capital markets in the country and we need more people to get some shares allotted to them."

The minor positive pattern like higher highs and higher lows on the daily chart remain intact. But, the market is now close to the edge of negating this positive sequence, said analysts adding a move below 17,800 is likely to negate this pattern and could open more weakness.

Sebi comes out with investor charter

Updated at : 2021-11-17 18:20:01

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The vision of the investor charter is "to protect the interests of investors by enabling them to understand the risks involved and invest in a fair, transparent, secure market, and to get services in a timely and efficient manner."

Man Infraconstruction shares zoomed 16 per cent to 104.75, ahead of the issue of bonus shares. The company board had fixed the bonus date for the issue as Friday, November 19.

While the demerger in question would not be of the lucrative FMCG business, the fact that the board is reportedly considering such a move is enough to send a wave of excitement among its investors.

European stocks extend gains for sixth straight day

Updated at : 2021-11-17 16:20:01

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The pan-European STOXX 600 inched up 0.1% by 0823 GMT after better-than-expected U.S. retail data lifted Wall Street equities on Tuesday.

Shiba Inu, Kokoswap, Ethereum Meta are a few examples of tokens with wild swings, but their rallies were merely limited to thousands of per cent. ARC Governance (ARCX), however, gained millions of percentage, and that too in just a few minutes.

“Market cap will be well over $4 trillion in just a few years as nearly 100-200 companies will list in the next 2-3 years, adding $300-500 billion in m-cap.”

India’s GDP growth to slow to 7.7 per cent in 2022-23 from over 9 per cent in the current financial year as exports are likely to moderate, Tanvee Gupta Jain, chief India economist at UBS Securities India said.

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