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Ahead of Q1FY24, a host of brokerage firms have initiated coverage on several counters, and the majority of them remain positive on them.

Stock has given breakout from symmetrical triangular pattern with a bullish crossover in its MACD.

The Indian market opened with a negative bias, tracking mixed global cues. The Sensex rose nearly 300 points, while the Nifty50 closed below 19,400 levels. The India VIX slightly increased as the index is soon moving to new high territories. The maximum Call OI is placed at 19,400, and the maximum Put OI is placed at 19,300.

"The total merchant GMV processed through our platform for the quarter (for three months ended June 2023) was Rs 4.05 lakh crore ($49.3 billion), marking a YoY growth of 37%," Paytm said in a quarterly business update.

The stock quoted a 52-week high price of Rs 2864.35 and low of Rs 2002.5.

“We continue to be positive on real estate. The cycle has turned. Unlike other sectors, the real estate cycle historically has been at least five to seven years. This is maybe the second year as far as real estate upturn is concerned. We will find strong growth coming in. There is a lot of pent-up demand in the system.”

Yes Bank said its loans and advances stood at Rs 2,00,308 crore for the quarter ended June 30, 2023. Meanwhile, the deposits grew by 13.5% YoY to Rs 2,19,369 crore in the June quarter from Rs 193,241 crore in the same period last year

Promoters held 0.0 per cent stake in the company as of 31-Mar-2023, while FII and DII ownership stood at 39.63 per cent and 33.18 per cent, respectively.

Reliance Industries, incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 1753906.89 Crore) operating in Diversified sector.

The Indian rupee fell by 7 paise to 82.08 against the US dollar due to the strength of the dollar and increased demand from importers. However, sustained foreign fund inflows helped to contain the fall. The domestic unit opened at 82.05, dropped to 82.08, and settled at 82.01.