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Thursday, January 09, 2025 | 01:30 PM ISTEN Hindi

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Fag-end buying lifts Sensex 214 pts; Nifty nears 17,400; IT stocks dazzle

CLOSING BELL: All sectors, except IT and Financial Services, witnessed selling pressure today, led by auto, pharma, and public sector banks

Image SI Reporter New Delhi
stock market, markets, brokers, trading, nse, bse, sensex, nifty, rally, coronavirus, covid, lockdown

3:11 PM

BSE 500:: Stocks recovering smartly from the lows of the day

IDBI Bank has surged nearly 16 per cent from its low of the day so far. Similarly, SpiceJet, Zomato, Paytm and New India Assurance were some of the other significant movers from the lows of the day on Wednesday. VIEW MORE

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3:02 PM

I-T dept likely to make PAN mandatory for cryptocurrency investors

The income-tax department may make a permanent account number (PAN) mandatory for cryptocurrency investors, in line with the demat account rules for stock market transactions, according to two people privy to the discussion. READ MORE

Bitcoins, crytpcurrency
2:54 PM

Sensex 30 Heatmap:: IT shares firm; Auto, financials witness profit-taking

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2:44 PM

Britannia Q1 revenue may rise up to 15% YoY; 2% dip in PAT seen: Analysts

Analysts, on average, expect the company to post a 2 per cent drop in core profit-after-tax (PAT) to Rs 378 crore in Q1FY23 from Rs 387 crore in the year-ago period. READ MORE

britannia, biscuit
2:37 PM

Global Check:: US, UK futures hold marginal gains

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Source: Investing.com

2:30 PM

BSE 500:: Volume Shockers

EPL has witnessed unusually high volume of around 23.75 lakh shares so far on the BSE as against its five-day average volume of around 17,400-odd shares. Similarly, Zomato, Alkem Lab, eClerx Services and MOIL have witnessed a significant spike in volume in trades on Wednesday. VIEW MORE

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2:23 PM

Paytm Q1 preview: Net loss could narrow to Rs 646 cr on solid lending biz

India's biggest fintech player, One97 Communication-owned Paytm, is set to report its June quarter (Q1FY23) results on Friday, August 5. Analysts expect the company to narrow its net loss on a sequential basis on the back of steady loan disbursements and new device addition. READ MORE

Paytm

2:17 PM

Market Check:: S&P BSE Sensex off low, down 40-odd points

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2:12 PM

Rupee strength unsustainable; bet on chemicals, OMCs in near-term: Analysts

Whether the recent strength in the currency will sustain or not depends on the monetary policy trajectory of the Reserve Bank of India, foreign flows, and crude oil prices, experts said. READ MORE

rupee
2:03 PM

Vodafone Idea to target premium customer base for its 5G services

On the brink of bankruptcy until recently, Vodafone Idea (Vi) has won the 5G spectrum for Rs 18,800 crore in 17 circles. But this will not be enough for the telecommunication (telecom) operator to retain its customer base, observe analysts. READ MORE

vodafone, idea, VI

1:57 PM

BSE 500:: Stocks falling significantly from the highs of the day

Edelweiss Financial has slumped 9 per cent from its high of the day so far. Similarly, Lemon Tree, eClerx Services, Tanla Platforms and Brightcom Group were some of the other prominent stocks to lose notable ground from the highs of the day so far on Wednesday. VIEW MORE

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1:50 PM

July PMI services growth slips to 4-month low on rising inflation

The S&P Global India Services PMI decreased to 55.5 in July 2022 from 59.2 in June, and below market consensus of 58.5, pointing to the weakest expansion in the sector since March, as weaker sales growth and inflationary pressures restricted the latest upturn in business activity. READ MORE

companies

1:46 PM

Devyani International gains 7%, hits over 6-month high on strong Q1 results

Shares of Devyani International (DIL) hit an over six-month high of Rs 188.40, gaining 7 per cent on the BSE in Wednesday’s intra-day trade after the company reported a strong performance across its core brands in the quarter ended June 2022 (Q1FY23). READ MORE

Markets, bulls, bears, stocks, trading, technicals, market technical, technical analysis

1:40 PM

Asian Markets Update:: A mixed day

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Source: Yahoo Finance

1:29 PM

India's trade deficit likely to remain above $20 billion: Barclays

"While we still expect the trade deficit to hit US$265 billion, the risks are skewed towards an even larger deficit, which poses risks to our forecast for the current account deficit to widen from the present $115 billion for FY22-23," Rahul Bajoria, chief India economist at Barclays said in a note. READ MORE
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First Published: Aug 03 2022 | 8:08 AM IST