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A total of 93,820 shares changed hands on the counter till 10:45AM (IST)

The Nifty IT index was trading 0.2 per cent up at 32191.0.

“In midcaps, because of the cyclicality, the high operating and financial leverage, this is the first year of recovery that we are seeing in a way. Those midcap companies which are going to build off the domestic economic growth, are going to post higher EPS growth in the coming years. That apart, we continue to be strongly overweight on industrials and capital goods and banks.”

Kotak Mahindra Capital is the banker handling the share sale, reports said. As of June-end, SoftBank, through its entity SVF Python II ( Cayman) Ltd, held a 4.39% stake in PB Fintech.

Both the net profit and revenue for the reporting quarter are expected to remain same on the sequential basis, the filing said.

Indian equities saw a relief rally on Thursday following its global peers and healthy domestic service PMI data, Siddhartha Khemka, Head - Retail Research at Motilal Oswal Financial Services said. Markets saw a recovery after two days of fall amid stability in global indices following ease in US Bond yields and a fall in crude oil prices from their recent highs, Khemka said.

Deepak Jasani, Sr VP - Head Retail Research, HDFC Securities, suggests buying on dips and taking profits on rises as a good strategy in the current market. He explains that liquidity infusion post the Covid pandemic is still seeking returns, making India an attractive market. Jasani advises focusing on sectors like PSU, realty, power, BFSI, IT, and capital goods. He also discusses the potential of HDFC Bank and Reliance Industries, as well as the choice between direct and indirect investments in the real estate sector.

Tata Motors Ltd. key Products/Revenue Segments include Motor Vehicles, Spare Parts & Others, Miscellaneous Goods, Sale of services and Other Operating Revenue for the year ending 31-Mar-2023.