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Tata Consumer Q3 Results: Revenue from operations increased 9% year-on-year (YoY) to Rs 3,804 crore in the December quarter. The same stood at Rs 3,474 crore in the last year quarter.

Apollo Tyres on Wednesday said its consolidated net profit increased by 78 per cent to Rs 497 crore for the third quarter of 2023-24 on account of improved product mix across geographies. The company reported a net profit of Rs 279 crore in the October-December quarter of FY23.

​A 5-year swing high represents the highest price a stock has reached within a five-year timeframe.​

As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.

Naveen Kulkarni says, PSUs and Capex-oriented sectors are likely to benefit the most from Budget 2024. PSUs will see lesser supply from the government, and consistent growth in government capex will drive an uptick in capex-oriented sectors. There will not be many tweaks in portfolios, but focus should continue to be value MFs, with some emphasis on large-cap schemes as small caps are getting into an overheated zone.

The F&O contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market-wide positions limits or MWPL. The ban on it is reversed only if the open interest falls below 80%.

Positive setup was seen in stocks like Trent, Canara Bank, AB Capital, SBI, DLF, Indian Hotels, PFC, GMR Infra, Motherson, REC Ltd, UltraTech Cements, Alkem and Ipca Laboratories.

Investors are also waiting to see if the moderation in core inflation and focus on fiscal prudence in the interim budget would enable policymakers to signal a turn in the rate cycle.

Citigroup maintained a buy rating on Nestle India post Q3 results with a target price of Rs 2900. The company reported steady revenue growth and guided for a margin expansion in Q4CY23, it said.