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Mirror trading is a technique that allows an individual to copy the trade of another on a real-time basis.

Bank of Baroda, DBS Bank and Karur Vysya Bank are likely to sell their cumulative stake of just over 30% in Canbank Computer Services to Canara Bank, its majority owner. This will make Canbank Computer, a software-enabled services and ATM management company, a fully owned subsidiary of Canara Bank.

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Sircar was appointed executive director and group CFO of Azure Power Global - the parent unit of an Indian renewable power generating company - from May 1, 2023. Before this, he was appointed independent director in October 2022.

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Shares of the engineering and construction conglomerate touched a record high of ₹2,673.85 before closing at ₹2,652 on the NSE, up 3.56% from the previous close.

The Relative Strength Index of the stock stood at 55.23 on Wednesday.

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JPMorgan Asset Management is plowing into equities and at least one Invesco fund has done an about-face from its previous cautious positioning. DataTrek says investors are now betting on individual stocks instead of trading on macro themes.

The two have signed an agreement to form a 50:50 joint venture to offer investment solutions. JFS and BlackRock are targeting initial investment of $150 million each in the joint venture, to be named Jio BlackRock.

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Indian telecom equipment and cable manufacturer HFCL has seen a year-on-year increase of 42.3% in net profit for Q1 FY24 as a result of successful business practices. The firm reported revenues of INR995.19 crore ($133.9m), 5.3% less than the previous year. However, the company focused on expanding capacity

Indian equities finished Wednesday positively, with Nifty up 0.5% to over 19,750 levels, ahead of the release of the Fed meeting outcome. Sectoral indices for Nifty PSU Bank, FMCG, and Realty had the highest gains, while Nifty Consumer Durable and Auto Index went down. Analysts propose that there will potentially

The Nifty index formed a shooting star-like pattern on Wednesday, facing resistance levels around 19,800 after gaining 98 points. Analysts suggest that the support zone will be in the range of 19,615-19,560, while the upside target is seen at 19,830-19,850. According to Prashanth Tapse, the technical landscape of the Nifty suggests consolidation, with interweek support at 19561 and immediate hurdles at 20000. Meanwhile, Minor downward correction has been completed and the market is likely to shift into an upside bounce, according to Nagaraj Shetti.

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