Shares of Advik Capital are in focus as the rights issue of Non-banking financial company (NBFC) Advik Capital is now open for subscription. The subscription will remain open till October 4 the company said in an exchange filing. Also the company has fixed September 12 2024 as the record date for determining the equity shareholders entitled to receive rights entitlements in the rights issue. Earlier the company reported a surge of around 140 per cent in net profit in the first quarter of the financial year 2024-25. Meanwhile benchmark equity indices rebounded after falling in early trade on Tuesday with the Sensex breaching the 85000 mark for the first time ever and the Nifty nearing the 26000 level amid sharp rally in Asian markets and buying in blue-chip HDFC Bank. Recovering all the early lost ground the 30-share BSE Sensex climbed 123.81 points to scale a fresh all-time peak of 85052.42. The NSE Nifty also went up by 39.85 points to hit a new record high of 25978.90. The benchmark is just 21.1 points away from breaching the historic 26000 mark. From the 30 Sensex firms Tata Steel JSW Steel Power Grid HDFC Bank Tata Motors and Larsen & Toubro were the biggest gainers. Hindustan Unilever Infosys Bajaj Finance Axis Bank Kotak Mahindra Bank and UltraTech Cement were among the laggards. In Asian markets Seoul Tokyo Shanghai and Hong Kong were trading in the positive territory. Shanghai and Hong Kong markets were quoting significantly higher. (Disclaimer: The information provided in this article is for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.)