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Marico shares down 4.47% as Sensex rises

Updated at : 2023-10-05 15:25:01

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A total of 55,553 shares changed hands on the counter till 02:09PM (IST)

"Bitcoin has been trading around the $27,700 level, possibly because of traditional markets calming down following a cooling US labor market," Edul Patel, CEO of Mudrex, said.

Sameer Gehlaut, the founder of Indiabulls Housing Finance, has completely exited the company, according to Gagan Banga, VC & MD of the company. The de-promoterisation process under SEBI guidelines was completed earlier this year, and Gehlaut no longer holds any shareholding in the company. The company is also undergoing a transition process to a new identity, with the new name, Samman Capital, already approved by the Reserve Bank of India. The transition is expected to be completed by the end of the current quarter.

SRF shares gain 0.63% as Sensex rises

Updated at : 2023-10-05 14:30:01

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On the technical charts, the RSI of the stock stood at 40.93.

Anuj Gupta, Head Commodity & Currency at HDFC Securities, predicts that crude oil prices will likely stay below $100 per barrel in the long term due to the unpreparedness of economies for another bout of inflation. He believes that in a demand-supply mismatch, producers will increase crude oil production. Despite recent increases in output from Nigeria and Iran, Gupta expects the oil market to remain in deficit in 2023. He also suggests that crude oil prices may witness a correction before resuming their rally.

The government plans to complete the strategic sale of SCI in this fiscal. The central government is looking to sell its 63.75% stake in SCI. It is expected to fetch Rs 3,000 crore. “There is no reason that the SCI strategic sale will not happen this year,” the report claimed, quoting this official.

Godrej Consumer shares down 1.4% as Nifty gains

Updated at : 2023-10-05 14:30:01

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A total of 8,848 shares changed hands on the counter till 01:49PM (IST).

Bajaj Holdings shares fall 2.12% as Nifty drops

Updated at : 2023-10-05 13:25:01

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The stock quoted a 52-week high price of Rs 7638.0 and a 52-week low of Rs 5557.05.

Cricket World Cup is by far the largest cricketing event in India with about 330 hours of gameplay which is higher than even the Indian Premier League (IPL). The last edition, held in 2019, saw 750 million unique viewers and 14 billion hours of total viewing time.

So yes, this year we have definitely in televisions, the inventory much more than a normal Diwali season because the World Cup is there. And not only the World Cup, it is not only that we will only see an increase in television, I think possibly we will see overall people will be staying more at home, or they will be calling their friends also.

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