Of the 450 stocks, 243 stocks -- mostly small- and mid-caps -- touched their 52-week highs on Tuesday. Both the Sensex and Nifty ended the day with declines of 0.34 and 0.24 per cent respectively.
Close to 50 companies have announced stock splits this year so far, something experts say is typical in a bull phase.
Investors can sell shares in the open market if the price is good, to take advantage of the tax arbitrage.
No one can fault India Inc for not taking care of shareholders; in fact, it has been extra generous.
Companies from the capital goods space will under-perform.