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​​The gains helped cut losses further triggered by the scathing Hindenburg report on January 24, 2023. Yet, seven out of the 10 listed Adani stocks are 2% to 72% below the peaks hit before the release of the report. Adani Ports, Adani Power and Ambuja Cements are the gainers

The minutes indicated increased optimism among participants about the path of inflation, noting “clear progress.” The committee expressed a willingness to cut the benchmark lending rate in 2024 should that trend continue, though the timing of such a move remained uncertain.

The Dow Jones Industrial Average fell 85.81 points, or 0.23%, at the open to 37,629.23

At Zinc International, the total mined production declined 40 per cent to 41,000 tonnes in the December quarter compared to 69,000 tonnes in the year

Company’s stock hit a 52-week high on Wednesday, following the stock exchange filing

Both the entities had filed an application with the capital market regulator on October 19, 2023.

"The short-term trend of Nifty continues to be negative. A decisive move below 21,500 levels could open the next downside of 21,255 (20-day EMA) and the next 20,980 levels in the near term. Immediate resistance is placed at 21,670," said Nagaraj Shetti, Senior Technical Research Analyst, HDFC Securities

This is the second time Bajaj Auto will be doing a share buyback if the board approves. In July 2022, Bajaj Auto launched a share buyback worth Rs 2,500 crore. The buyback was done at Rs 4,600 a share. Since the first share buyback, the share value of the automaker has more than doubled in value.