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Meghmani Finechem stock price: On BSE, the stock hit Rs 492.95, as against the listing price of Rs 405.65, an increase of 21.5%.
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After hitting fresh lifetime high of 56,198.13 in early trade, Sensex ended 14.77 points or 0.03% lower at 55,944.21
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Sensex failed to hold 56k-mark and settled 14.77 or 0.03% lower at 55,944.21, while Nifty closed at 16,634.65, up 10.05 points or 0.06%
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Anchor investors behave pretty much like retail investors in India where some profits are booked and some stay invested.
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Kotak Securities said the research teams that have constructed these portfolios employ strategies like asset allocation, factor investing, etc.
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FMCG stocks performance: In terms of sales and EBITDA, HUL's headline numbers have benefited from its merger with GSK.
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Among the recent listings, one can look at Devyani and Nuvoco while on the other hand, will prefer to buy Zomato when it nears Rs 100, he said
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Shares of Venky's (India) traded 8.13% higher at Rs 2820.95 at around 1 pm (IST), while the benchmark BSE Sensex was up 0.13% at 56,034.
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Avenue Supermarts owns and operates D-Mart stores. D-Mart is a national supermarket chain that offers customers a range of home and personal products.
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Markets may remain sideways for some time, but many stocks have already corrected by 20%