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Godrej Consumer Products Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 149408.48 Crore) operating in FMCG sector.

Nifty closed positive for the 14th consecutive session, supported by ICICI Bank and HDFC Bank. The index ended at 25,279.85, gaining 1.15 points. It remained within a narrow range throughout the day. Analysts suggest that holding above 25,200 could lead to further gains towards 25,500 levels.

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Bharti Airtel Ltd. key Products/Revenue Segments include Service Revenue and Sale of Products for the year ending 31-Mar-2024.

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Shares of General Insurance Corporation (Re) of India dropped by 5.4% to Rs 398.60 as the government began selling its 6.78% stake via an offer for sale at a floor price of Rs 395 per share. The total size of the OFS is estimated at Rs 4,701 crore.

Equity indices saw a slight decline on Tuesday due to profit-taking in metal, oil, and IT shares amid weak global trends. Key stocks in focus included Samvardhana Motherson, Kaynes Technology, and HAL. Analysts suggest buying these stocks at dips for long-term gains as they exhibit potential for further upside.

Through the direct route, Indian investors have the option to create accounts with US based brokers and remit money via the Liberalized Remittance Scheme (LRS), and invest directly in U.S. stocks and ETFs.

Sapphire Foods, the operator of KFC and Pizza Hut, has set September 5, 2024, as the record date for a 1:5 stock split. This move aims to enhance liquidity and make shares more affordable for retail investors. Shareholders on record by this date will see each Rs 10 share split into five Rs 2 shares.

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ICICI Bank Ltd., incorporated in the year 1994, is a banking company (having a market cap of Rs 877905.23 Crore).

The Indian market is expected to trade lower on Wednesday due to weak global cues. Nifty futures posted a slight gain of 0.02%, closing at 25,344 levels on Tuesday, while the India VIX fell by 1.56% to 13.84. In options trading, the highest Call open interest is at the 26,000 strike, followed by 25,300, and the highest Put open interest is at the 25,000 strike, followed by 25,250.

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