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KFintech is also the largest issuer solutions provider in India based on the number of clients serviced and holds a 43% market share based on the market capitalisation of NSE 500 companies and a 34% market share based on the number of clients serviced within NSE 500 companies, as on January 31, 2022.

"This is subject to the approval of the members of the company, i.e. issue upto 1,15,36,800 equity shares of Rs 10 each as bonus shares of an aggregate nominal value up to Rs 11,53,68,000, as bonus shares to the shareholders out of the Securities premium account of the company,” said the company’s filing with the exchange.

Participants are maintaining a cautious stance around the record high, reflected in the market move. However, selective buying in the index majors on a rotational basis is helping the index to hold gains and gradually inch higher as well. We thus maintain our view to continue to follow the up trend until Nifty holds 17,800 and look for buying opportunities on dips.

Bankers who underwrite equity or debt offerings are forecast to receive payouts that are 40% to 45% lower than in 2021, while their counterparts who advise on mergers and acquisitions will get bonuses that are 15% to 20% lower than last year.

The Nifty Realty index was trading 0.74 per cent down at 449.95.

The continent-wide STOXX 600 index rose 0.1% by 0813 GMT. The utilities index rose 0.9%, leading the sectoral advance, while real estate stocks added 0.4%.Vodafone shed 4% after cutting its full-year free cash flow forecast and said earnings would come in towards the bottom of its range. European telecoms were down 0.5%.

"Comex gold prices are hovering near three-month highs. Rising US interest rates weighed heavily on metal markets this year, as higher yields on treasuries ramped up the opportunity cost of holding non-yielding assets," said Vinay Rajani, Research Analyst at HDFC Securities

​Stocks often fall after lock-ups expire, as investor selling puts downward pressure on shares. It’s not immediately clear what the sale strategy of large Paytm shareholders will be. Ant and Alibaba own over 30% of shares between them, SoftBank owns nearly 17.5%, while Berkshire Hathaway Inc.’s holding is about 2.5%.

The share of domestic mutual funds in companies listed on the NSE rose for the fifth quarter running and reached an all-time high of 7.97% in Q2, up from 7.95% in the previous June quarter.

The pharmacy major that runs full-service diagnostic centres in Hyderabad is planning a further capital allocation of Rs 9,000 lakh. "The company expects operating EBITDA break-even in 12 months for the diagnostic centers," the brokerage noted.Since its listing in December last year, the stock has fallen over 22% from the issue price of Rs 796.