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Notable gainers included MRF, Torrent Pharmaceuticals, Jindal Steel, Glenmark Pharma, TVS Motor Company, and more, solidifying their positions in the market

The EBITDA or earnings before interest, taxes, depreciation, and amortisation, for the quarter increased 20% on year to Rs 2,137 crore. However, margins compressed a sharp 240 basis points to 31.7%.

“As of now, the earnings season has been panning out pretty much in line with estimates. Financials continue to show fairly strong numbers, especially some of the private sector banks which have reported numbers so far. Overall, it is pretty much a good set of numbers. The IT sector has seen a muted set of numbers but that was again more or less in line with estimates.”

The Nifty Pharma index closed 0.66 per cent up at 14478.35.

​ This is a bearish indicator that shows that the futures OI has increased while price has decreased.​

Crypto assets have moved from a niche product segment used by cypherpunks to having a more mainstream presence as instruments for savings and investments

The company has a portfolio of 34.46 million square feet of completed, ongoing and forthcoming residential projects across seven Indian cities. It also has more than 5,000 acres of ongoing and forthcoming projects under development/management at its integrated developments / industrial clusters across four locations.

Despite the strong external headwinds, GSK remains focused on delivering best-in-class competitive performance and driving operational efficiencies. We remain committed to explore new growth opportunities and improving our leadership in key therapy areas," GlaxoSmithKline Pharmaceuticals MD Bhushan Akshikar said.

A Systematic Withdrawal Plan (SWP) is a method by which individuals can withdraw a predetermined fixed amount of money, usually monthly, from their savings, such as mutual funds. The SWP is similar to an income or pension and is ideal for those who need a steady cash flow, including retirees. It is extremely flexible, allowing individuals to increase or decrease the amount as needed. One can invest in mutual funds and then attach a withdrawal plan to their savings. This plan is tax-advantaged.

​​The bank’s net interest income (NII) grew 27% YoY and 2% QoQ to Rs 11,959 crore. Net interest margin (NIM) for Q1FY24 stood at 4.10%, up 50 bps YoY.