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Elections have been a topic of intense discussion, with investors, traders, retail players, and institutions alike weighing in on the potential impact the upcoming elections may have on the Indian markets.

A repo, which stands for a re-purchase agreement, is in many ways the fundamental building block of money markets the world around. Essentially the transaction involves financial market players like banks borrowing and lending money overnight using government securities as collateral.

SJ Logistics is engaged in the business of providing logistics and supply chain solutions. Its key services include freight forwarding, custom clearance and transportation handling services.

The stock was up nearly 2% in trade on Wednesday on the National Stock Exchange at Rs 247.10. Intraday, it touched a high of Rs 251.60, which is the highest level since September 12. ​The gains on Wednesday were backed by strong volumes of more than 40 million shares, which was double the three-month daily average volume of 20 million shares.

However, on a month-on-month )MoM) basis, the company reported a decline of 6% in gross customer acquisition versus 0.73 million in the October 2023 month.

Pinebridge Capital Investments, Morgan Stanley Invesment Management, Millennium LLC, Jupiter Asset Management, Moon Capital Management LP and US based trading firm Jane Street Capital are among the large foreign investors who have placed bids, people familiar with the details said.

In the past 12 months, Hindustan Zinc has paid an equity dividend of Rs 46 per share, which results in a dividend yield of 14%. As per Trendlyne data, the average target price of Hindustan Zinc estimate is Rs 267, which shows a downside of 18% from the current market prices.

“Bank Nifty, which had lost momentum, is now in leadership. Obviously buy the frontliners which for the largecaps are HDFC, ICICI and Axis. But I would single out Kotak to be the biggest outperformer here. As for small caps, I am very optimistic on Bandhan Bank from that Rs 250 level. It has hit Rs 235, 240. But do a SIP in Bandhan.”

"BTC has sustained its upward momentum for the fifth consecutive day. This surge is primarily fueled by speculation surrounding the approval of a Bitcoin spot ETF, with investors and traders anticipating approval in 2024," said the CoinDCX Research Team.

Represented by a long white (or green) candlestick with no upper shadow and a small or nonexistent lower shadow, it indicates strong buying pressure throughout the session.