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Indian indices ended higher, driven by banking, IT, and realty stocks. Nifty reclaimed 25,000 mark. Nifty formed a green candle, indicating strength. Support at 24,900, resistance at 25,270 and 25,400. Consider "buy on dips" strategy

Reliance announced that its first new energy giga-factory is expected to start producing solar PV modules by the end of the year. Chairman Mukesh Ambani mentioned that the new energy business, with its diverse range of renewable solutions, including solar, energy storage systems, green hydrogen, bio-energy, and wind, is set to become a major player in the global clean energy transition.

Over 180 stocks are held by more than 100 mutual fund schemes as of September 2024. Among them, nine stocks have shown remarkable performance with price returns between 80% and 130% in the current fiscal year.

The company achieved a revenue of Rs 28,862 crore from operations, marking an 8.2% increase compared to the same period last year.

Capital goods, consumer durables, IT, realty, and banks saw increased investment, while oil & gas and metal stocks experienced a decline.

Each MII must appoint a non-associated Designated Depository (DD) to monitor compliance with shareholding limits. For depositories, the other depository will act as their DD.

In addition to this, the long liquidation by short-term traders also had a negative impact on gold prices, and money managers reduced their net-bullish bets on gold to their lowest level in eight weeks, Gandhi added.

The Dow Jones Industrial Average fell 63.0 points, or 0.15%, at the open to 42,800.89. The S&P 500 rose 14.8 points, or 0.25%, at the open to 5,829.81​, while the Nasdaq Composite rose 83.7 points, or 0.46%, to 18,426.658 at the opening bell.

Reliance Retail Q2 Results: Company experienced a 3.5% decline in revenue, reaching Rs 66,502 crore compared to Rs 68,937 crore in the same quarter last year. This dip was attributed to weaker demand in the fashion and lifestyle sector, along with a strategic focus on streamlining operations and adjusting its B2B approach to boost margins. Despite this, the retail arm still generated a substantial gross revenue of Rs 76,302 crore, though this figure also represents a 1.1% drop year-on-year.

The Sensex gained 592 points on Monday, closing at 81,973. Five BSE 100 stocks hit their 52-week highs, suggesting strong performance and potential for future growth.