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Promoters held 55.85 per cent stake in the company as of 31-Dec-2022, while FIIs owned 14.88 per cent, DIIs 15.1 per cent.

The total market capitalisation of all BSE-listed stocks fell to Rs 261.24 lakh crore today as bears ruled the Street for the second consecutive day amid weak global cues.

Jefferies upgraded Bharti Airtel to buy with a target price of Rs 900. Share gains among 4G users is driving ARPU for the telecom major. Intensifying focus on boosting ARPU and improving tariff outlook are all positives for the stock. An effective duopoly is in the works, and the risk-to-reward ratio is turning favourable.

A study of BSE500 stocks shows that there are at least 4 smallcap counters that are trading below half of their book value. In other words, their PB ratio has gone below 0.50x. Whenever the indicator slips below 1, the underlying is usually believed to be underpriced by the market.

"The DXY weakened from 105.70 to 105.20 as traders booked profits on the back of increased unemployment claims data overnight," Pabari said, adding that Friday is set for Make-or-Break day for the DXY, ahead of the key US economic data due later in the day.

The Nifty Realty index was trading 0.52 per cent down at 400.2.

On the weekly options front, the maximum Call OI is placed at 17,700 and then towards 18,000 strikes, while the maximum Put OI is placed at 17,600 and then towards 17,700 strikes.

The Futures Industry Association (FIA), a trade group that includes major Wall Street players as well as the OCC as members, invited OCC to participate in a call about 0DTE at a meeting on March 1, both the OCC and FIA confirmed. Members of the FIA include the major banks on Wall Street.

A total of 3,350 shares changed hands on the counter till 10:41AM (IST).

The fall in palm oil prices and other input prices has benefited many companies, including those that consume or produce consumer goods. While demand for commodities may rebound in the future, it is unlikely to be as strong as it was last year. Inflation has moderated, making it easier for companies to raise prices, and crop prices are also on the rise, providing some relief to farmers.