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Jio has launched its 5G services using the stand-alone (SA) 5G architecture which has no dependency on 4G network using a mix of 5G spectrum across 700 MHz, 3500 MHz, 26 GHz bands. It uses carrier aggregation to combine these 5G frequencies into a single robust “data highway”.

Increase in tax exemption limit with consequent more disposable income for Indian taxpayers in Union Budget 2023-24 is a positive development for domestic automobile space and shall spur growth for the domestic passenger vehicle industry. Positive for Maruti Suzuki, M&M, and Tata Motors in our coverage universe. It is also positive for the premium motorcycle segment with Eicher Motors as key beneficiary with the popular Royal Enfield franchise," said brokerage firm ICICI Direct.

​The participation by some of India’s biggest corporate names, some with potentially rival business interests, comes as the Hindenburg Research allegations against Adani are seen by some domestically as threatening the country’s economy at large.

Promoters held 55.72 per cent stake in the company as of 31-Dec-2022, while FII and DII ownership stood at 20.48 per cent and 13.22 per cent, respectively.

Dalal Street investors were left richer by Rs 2.24 lakh crore as the market capitalisation of all BSE-listed companies rose to Rs 272.47 lakh crore.

"Higher government focus on building infrastructure including roads, airports, ports, bridges and other hard structures will increase overall cement demand. Increased allocation of funds to government schemes like Pradhan Mantri Awas Yojna will enhance cement consumption further," Axis Securities said.

Finance Minister Nirmala Sitharaman said the government aims to gross borrow 15.43 trillion rupees ($188.64 billion) through the sale of bonds in 2023-24, while keeping the net borrowing at 11.80 trillion rupees.The government aims to maintain fiscal deficit at 5.9% of the gross domestic product in the next financial year and retained the target at 6.4% for this year.

The Relative Strength Index of the stock stood at 31.5 on Wednesday.

The Nifty Bank index surged 3% to 41865.75. Shares of Axis Bank, Bandhan Bank, HDFC Bank, IndusInd Bank, Kotak Mahindra Bank, and ICICI Bank rose between 1-4% each.

Greenpanel Industries, incorporated in the year 2017, is a Small Cap company (having a market cap of Rs 3898.94 Crore) operating in Building Materials sector.