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Atmatsco IPO: The proceeds will be used to meet working capital requirements, for the repayment of loans to help the company become a provider of technology solutions in the EPC sector and also to improve efficiency on existing and new contracts.

​Asset management company Artisan Partners on Wednesday divested a 1.2 per cent stake in telecom infrastructure major Indus Towers for Rs 717 crore through an open market transaction.

​The dollar fell on Wednesday, further retreating from a nearly three-month high against the euro hit a day earlier, with a decline in U.S. bond yields adding to the pressure.

The company reported a net profit of Rs 158 crore in the corresponding quarter of the previous year. Revenue from operations grew 20.2% YoY to Rs 5197 crore in Q3FY24.

Sebi data shows that over 70% of the Demat accounts held singly in the country have no nominations, posing a challenge for their legal beneficiaries to claim the assets.

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Buying was seen in media, PSU banks and realty stocks while Nifty IT ended 1.25% lower. SBI ended 4% higher while TCS, Infosys and Tech Mahindra ended 1-3% lower.

Rohit Srivastava discusses the market setup and the sell-on rally trend. He mentions that the market has made a series of higher highs and higher lows, but a break in this pattern would indicate a downward trend. He also talks about the performance of PSU stocks, cautioning against buying at the current highs. He shares his view on the realty sector, suggesting that a pullback to 814 on the Nifty Realty Index could be a good support level. Lastly, he mentions that while value may still exist in the mid and smallcap segment based on positive earnings growth, a technical correction is expected.

The price action was accompanied by huge volumes with over 30.71 lakh shares changing hands on the NSE around 2:10 pm. On the BSE, the volume spurt was nearly 6 times.