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As of 31-Dec-2022, promoters held 51.37 per cent stake in the company, while FIIs held 17.96 per cent and domestic institutional investors had 19.2 per cent.

TCI Express, incorporated in the year 2008, is a Mid Cap company (having a market cap of Rs 6552.88 Crore) operating in Logistics sector.

The Nifty Pharma index was trading 0.58 per cent up at 12432.4.

Volumes are slowing down in this downside move which also indicates some pullback can be seen. Hence, one should wait for the stock to cross above the 345 level and then only buy this stock with a stop loss of 300 on a weekly closing basis on the upside, we can see the level of 420-470 in the next 8-10 months.

The Nifty IT index closed 1.18 per cent down at 29740.35.

India Inc, Gulf backers rally behind issue, bonds rebound but jury is out on long term refinancing implications for the coal- to-hydrogen conglomerate.

Analysts have cut their palladium price forecasts and raised platinum price estimates as electric and hydrogen-powered vehicles disrupt the auto industry on which both metals rely for demand, a Reuters poll showed on Tuesday.

All eyes will be on a meeting on Wednesday of the Organization of the Petroleum Exporting Countries and allies including Russia, together called OPEC+, where producers are expected to endorse their current output targets agreed in November.

The dollar index, which measures the U.S. currency against six major peers, fell 0.029% to 102.060. It slipped 0.16% in the previous session, in part because of a report showing U.S. labour costs had increased in the fourth quarter at their slowest pace in a year.

Currency trade has been in a holding pattern ahead of the Fed and Bank of England and European Central Bank meetings that follow on Thursday. But the U.S. wages data wiped out some small dollar gains made earlier this week amid some nerves that the Fed sticks to its hawkish stance.