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“A large part of LIC’s IPO and overhang is already priced into the stock. Closer to filing the DRHP, we had seen prices of the private life insurers correct. Post that, there has been some recovery. I believe that private life insurers are a compelling bet and this sort of an event is a good time to enter those names.”

The platform will enable tokenization of equity to issue ESOPs, raise funds and improve governance through smart contracts, making startup equity a more liquid asset class.

The token, which is being traded on very limited decentralized exchanges, has zoomed as much as 10,520 per cent to $0.000009444 from 0.000000188 in just 24 hours.

In the latest development to pose upside risks to India’s inflation, Indonesia announced a ban on exports of palm oil on Friday in order to ensure adequate supplies in the country.

The profit figure came largely in line with ET NOW poll estimate of Rs 360 crore.

“The larger banks like HDFC Bank, SBI and even ICICI Bank for that matter would have an advantage. If the credit growth starts moving up, the banking stocks could have a relatively better outlook going forward as well. Also remain selectively invested in quality IT stocks like TCS and Infosys which are getting multiyear order books worth billion dollars in every successive quarter and also some mid tier IT companies.”

The private sector lender has moved National Company Law Tribunal (NCLT) seeking initiation of insolvency proceedings against Zee Learn, according to a regulatory filing.

Cyient Ltd., incorporated in the year 1991, is a Mid Cap company (having a market cap of Rs 10081.36 Crore) operating in IT Software sector.

There is belief that he will be successful, given his track record. However, managing a social media venture is an entirely different ballgame, so there are sceptics as well.

While Macquarie finds valuations in consumer stocks -- both staples and discretionary -- generally rich, the main theme combined with ongoing market share gains has led them to be selectively constructive on names such as Titan, a Rakesh Jhunjhunwala favourite. "We remain selectively optimistic on the medium-term trajectory as the stronger listed players would be the ones who witness healthy market share gains in an inflationary environment." says Aditya Suresh.