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As of 31-Mar-2024, promoters held 44.83 per cent stake in the company, while FIIs held 28.32 per cent and domestic institutional investors had 9.98 per cent.

Coming to the buildup of fresh short positions, When the stock prices move downward and open interest on the counter increases, it is taken as a sign of a short build-up. The signal is considered more reliable if the volume on the counter has also seen an increase as the stock price declines.

India VIX may hit 30 mark before General Election outcome on June 4, experts predict. Recent surge in volatility attributed to election uncertainties. Market expected to remain volatile, with VIX likely to retreat post-election. Investors advised caution amidst heightened volatility.

If we see, as index has been quite dull, but stock specific action is quite good. So, we have chosen one from the capital space and one from the auto space. So, if we see L&T, capital space has been the outperformer, within that L&T has been our preferred pick.

​My own assessment is that, especially even as investors, the local investors have now got a higher percentage of company holdings than foreigners. To my mind the big takeaway of the last five years. has been the pre-eminence of the Indian retail investor, unspoken, unsung, unknown investor through SIPs and through his investments and largely through mutual funds has remained an increasingly important constituent of the markets.

Promoters held 62.91 per cent stake in the company as of 31-Mar-2024, while FII and DII ownership stood at 25.78 per cent and 2.26 per cent, respectively.

Ztech India IPO opens on May 29 with a price band of Rs 104-110 per share. The company aims to raise Rs. 37.30 crore from a fresh issue of 33,91,200 equity shares.

A total of 31,933 shares changed hands on the counter till 01:07PM (IST).

The Relative Strength Index of the stock stood at 38.6 on Tuesday.