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As of 30-Jun-2023, promoters held 45.86 per cent stake in the company, while FIIs held 29.41 per cent and domestic institutional investors had 10.54 per cent.

Meanwhile, Brent crude was at $89.76, having reached the highest since November 2022 during the New York trading session on Tuesday.

Due to lower Brent prices and unchanged retail fuel prices in Q1, the implied marketing gross margin (GMM) for OMCs had improved to Rs 8.8 per litre from Rs 3.1 per litre in the previous quarter.

Both Bitcoin and Ethereum have exhibited stability, remaining within a narrow 2% price range in recent days. Notably, open interest in both of these tokens is on the rise, indicating new short positions are being opened, said CoinDCX Research Team.

A total of 80,608 shares changed hands on the counter till 02:10PM (IST)

"The Indian rupee is expected to remain in a tight range against the dollar, with a forecast of 83 per dollar by September end. The dollar index is expected to reach 105 by the end of the quarter, but this level is not easy for emerging market currencies. The Indian bond yields may rise due to high inflation and government bond supply, and there is a possibility of rate hikes by the Reserve Bank of India if food inflation persists. "

Last quarter, our asset growth was around 8%. But growth quarter one was very exceptional. I am seeing a little bit slowdown from quarter two onwards.

In Q1 FY24, Nykaa reported an 8% year-on-year (YoY) growth in its consolidated net profit at Rs 5.4 crore. Net profit was Rs 5 crore in the year-ago period. Revenue from operations during the first quarter rose 24% to Rs 1,422 crore, as against Rs 1,148 crore in the same quarter of last year.

The Relative Strength Index of the stock stood at 68.84 on Wednesday.

“Reliance Industries needs to really participate and get the momentum going. It is trailing at around Rs 2,400. That is also the point at which it had broken out from its one year falling channel. We are watching very closely whether that support holds because once the momentum picks up, then we will actually get further addition to the index pretty quickly.”