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The floor price of Federal Bank is fixed based on the pricing formula prescribed under Sebi regulations. The lender has recently reported first quarter earnings with a net profit of Rs 854 crore, rising 42% compared to Rs 601 crore-Q1 profit of the previous year.

Sectorally, buying was seen in utilities, public sector, and telecom stocks.

Data business revenues came in at Rs 3,912 crore, recording an increase of 17% year-on-year, while underlying data revenue growth came in at 14% YoY. The Board has approved the proposal for raising funds through issuance of non-convertible debentures (NCDs) on private placement basis, for an amount up to Rs 1,800 crore.

Dow Jones rises 39 points; S&P 500 opens higher by 9 points and Nasdaq Composite gains 45 points at the opening bell

5 stocks that have defied broker targets by a wide margin

"Both call and put writers played out aggressively at 19,800 strikes, with the bulls leading the battle by a fair margin ahead of the weekly expiry tomorrow (Thursday). The support for Nifty now shifts to 19,700 from 19,600. The max pain, which is the strike with most open option contracts, is placed at 19,800 in Nifty," said Ashwin Ramani of SAMCO Securities.

Total income, however, rose to Rs 707.93 crore in the first quarter of this fiscal from Rs 666.05 crore in the corresponding period of the previous year, Tata Coffee said in a regulatory filing.The rise in total income was driven by higher realisations in plantation coffee and instant coffee businesses both in India and Vietnam

Silver also climbed Rs 600 to Rs 77,600 per kilogram.Gold prices in the domestic market surged to their highest level since June 10, following a bullish trend in the overseas market, Saumil Gandhi, Senior Analyst - Commodities at HDFC Securities, said.In the global market, gold and silver were quoting higher at USD 1,978 per ounce and USD 25.05 per ounce, respectively.

The latest decision has been taken after Dhoot failed to pay the fine imposed on him in March by Sebi for not making disclosures about his interest in Supreme Energy as well as for not disclosing that Quality Techno Advisors Pvt Ltd (QTAPL) and Credential Finance Ltd (CFL) were related parties with respect to certain transactions

A dozen years and some 14,800% later, Koney isn’t satisfied. He still sees lots of room for additional gains as the company releases a “tsunami” of new cars in the coming years. At the same time, he expects the auto industry to undergo a massive consolidation as it makes the challenging shift away from combustion engines.