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Adani Enterprises has allocated 1.42 crore shares to investors at ₹2,962 per share. Quant Mutual Fund, Winro Commercial (India), Tree Line Asia Master Fund and SBI Life Insurance Co are among those who have subscribed to the QIP.

The company retails apparel, general merchandise and fast-moving consumer goods through 626 stores and online and mobile channels.

This is the second such buyback operation done by the central bank this month. This auction, along with the one last week, was one of the most successful buyback auctions conducted by the RBI since it resumed such operations in May this year, after a gap of six years.

Private sector lender Karur Vysya Bank posted a 25.13% growth in net profit for the quarter ended September 30 on strong growth in loans and on containing bad loans.

Its revenue from operations rose to Rs 3,304 crore for the second quarter compared to Rs 3,053 crore in the year-ago period, Ceat said in a regulatory filing.

Indian headline indices fell for a third day in a row, led by selling pressure in auto aqnd bank stocks. Nifty briefly touched a two-month low during the day. Despite a late pullback, the Sensex fell by 0.61% to 81,006, and the Nifty slipped by 0.89% to 24,749.8. Analyst Rupak De of LKP Securities said that he sees a likely downward move in the short term.

Reaching a 52-week high is a significant milestone for a stock, as it provides traders and investors with crucial information about its performance and potential.

Infosys and Wipro delivered better than expected sequential growth in dollar denominated revenue for the September quarter. All four top IT exporters reported sequential growth in reported dollar denominated revenue for the September quarter after a gap of six quarters.

If Nifty stays below 24,690, it may fall further to 24,500–24,400 levels. On the upside, immediate resistance is at 25,000, with the 21-day Exponential Moving Average (21-DEMA) at 25,185, according to Hrishikesh Yedve of Asit C. Mehta Investment Intermediates.