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DMart Q2 Results Preview: According to the provisional numbers released by the owner of DMart hypermarket chain earlier this month, the company’s standalone revenue increased by nearly 19% YoY in the September quarter to Rs 12,308 crore. However, the net profit is expected to decline about 3% on year to Rs 666 crore, according to the average of estimates given by five brokerages.

shares of Multi Commodity Exchange of India (MCX) rallied over 11% to hit an all-time high of Rs 2,179.45 on the NSE, remaining unbeaten for five consecutive sessions.

​And that is where we spiked up. I think it will still now track US yields tomorrow, it does not look like, but if hypothetically, if US will drop down, then definitely we will see some relief there on the bond side.

Chola Inv Finance shares up 1.01% as Nifty falls

Updated at : 2023-10-13 13:45:01

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The stock quoted a 52-week high price of Rs 1284.45 and low of Rs 658.0.

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The Relative Strength Index of the stock stood at 59.04 on Friday.

“I would not call IT a high-growth sector anymore but one that is more defensive, stable and a core place to be in. As the risks towards the global situation increase due to geopolitical tensions, IT may be a decent place to be in because they have inherently a lot of cash on their balance sheet and even if there is a little bit of a slowdown, they can weather that through.”

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As of 30-Jun-2023, promoters held 25.53 per cent stake in the company, while FIIs held 41.62 per cent and domestic institutional investors had 10.29 per cent.

Shree Cements shares rise 0.39% as Sensex slides

Updated at : 2023-10-13 13:45:01

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A total of 269 shares changed hands on the counter till 12:54PM (IST)

Foreign portfolio investors were net sellers at Rs 1,862 crore on Thursday. DIIs bought shares worth Rs 1,532 crore.

Competition has been intensifying in the mutual fund space with the entry of new players, led by Jio Financial Services Ltd., the Reliance arm which announced a joint venture with BlackRock to set up an Indian asset management venture. The conglomerate owned by Asia’s richest man, Mukesh Ambani, seeks to propel Jio Financial to become one of the biggest shadow banks in the country and disrupt the financial services space.

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