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Under the stock split, each existing equity share of face value of Rs 5 will be split into 5 equity shares of face value of Re 1, for which the expected timeline has been stated as 2-3 months.

The Indian market may consolidate on Thursday due to muted global cues. Analysts pinpoint a trading range between 25400 to 26300 zones for Nifty. Short-term stock trading advice includes buying Deepak Fertilizers, ABB, Kotak Mahindra Bank, and Tech Mahindra with specific targets and stop losses provided.

The bonds will be issued by Biocon Biologics Global plc which is a wholly owned subsidiary of BBL and will be backed by a strong security package, the company said.

Gold December futures opened flat at Rs 76,120 per 10 gram, while silver December futures were trading at Rs 91,825/kg. Gold and silver prices surged this week. Gold showed high volatility due to Middle-Eastern tensions and strong dollar index. Silver inched closer to $32 per troy ounce amid European inflation decline and Chinese equity gains.

Rising cash from operations signals consistent growth, stronger profitability, better resource management, and reduced reliance on external funding for these Nifty 500 companies.

Shares of Dabur India plummeted 7.8% following an update hinting at a mid-single-digit revenue decline for Q2. Lower primary sales and heavy rains impacted the performance, resulting in expected declines in operating margin. Analysts suggest mixed reviews with targets ranging from Rs 368 to Rs 772.

Consistent cash flow over five years indicates stable revenue, strong financial health, efficient operations, and reduced reliance on external financing.

Shares of Indian brokerages, including 5Paisa Capital and Angel One, dropped after SEBI tightened derivatives trading rules. The regulator reduced the number of weekly options contracts to one per exchange and increased the minimum trading amount, effective Nov. 20. The changes are expected to significantly impact discount brokers and exchanges, according to Jefferies.

The Nifty Bank index was trading 1.02 per cent down at 52382.4.