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Consumer-oriented stocks gained traction post-budget with Maruti Suzuki, Bajaj Finance, and Eicher Motors showing significant strength. Other stocks such as Laurus Labs, Havells India, Aditya Birla Fashion, Britannia Industries, and Jubilant FoodWorks are also expected to benefit from increased domestic consumption and positive technical indicators.
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As per the DRHP, Embassy Buildcon plans to sell up to 33.46 million shares, while Ariel Way Tenant, through which WeWork Inc holds stake in the Indian company, is seeking to offer about 10.3 million shares.
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Under the proposed mechanism, the regulator has suggested creating a unique UPI address for registered market intermediaries, making it easier for investors to confirm that they are paying only registered entities. The proposed UPI payment limit for capital market transactions is set to 5 lakh per day, higher than the current 2 lakh limit. This will be evaluated periodically in consultation with National Payments Corporation of India (NPCI).
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