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So in FY24 major focus would be to expand further in GCC and US market. Of course, we are evaluating some of the newer markets also, but I do not see much happening during FY24. In GCC, of course, we are opening new country we are looking at one or two more countries, right now, we were mostly in UAE but now we are kind of getting in other countries as well.

The stock quoted a 52-week high price of Rs 10760.4 and a 52-week low of Rs 5708.1.

Ambuja Cement on Thursday announced the acquisition of a majority stake in Sanghi Industries, one of the leading cement manufacturers from western India, at an enterprise value of Rs 5,000 crore.

The Nifty IT index was trading 0.42 per cent down at 29918.25.

Cholamandalam Investment & Finance Company, incorporated in the year 1978, is a Large Cap company (having a market cap of Rs 88783.28 Crore) operating in NBFC sector.

The two verticals that most IT companies saw notable slowdown were banking and telecom, and these two sectors saw significantly higher digital spend during the pandemic period. The commentaries by companies indicate that project ramp downs or cancellations might still be on-going as and when these projects come up for renewals.

A total of 7,807 shares changed hands on the counter till 11:42AM (IST)

On the weekly front, the maximum Call OI is placed at 19800 and then towards 19700 strikes while the maximum Put OI is placed at 19500 and then towards 19300 strikes. Call writing is seen at 19600 and then towards 19650 strikes while minor Put writing was seen at 19450 and then towards 19400 strikes.

Investors in India are reportedly waiting to buy stocks after expecting a market correction. Dipan Mehta, Director of Elixir Equities, said 90% of people spoken to in the last two months were cautious, expecting a correction and the bulls have been waiting for an opportunity like this. In terms of sectors, Mehta believes there is a better chance of a decent return in inward-looking industries such as banking, capital goods, real estate, and hospitality, rather than export-oriented businesses.

Among Sensex stocks, UltraTech Cement, Bajaj Finserv, Maruti, HUL, Airtel, ICICI Bank, and L&T opened with cuts, while only Sun Pharma, NTPC, HDFC Bank, and Tata Motors opened with gains.