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Nifty50 fell 62 points or 0.34% to settle at 17,895

"Wipro has a considerable exposure on the energy side when it comes to its analysis from a vertical point of view and that has not yet turned stable. I would say what the investors look for in the stocks is the momentum gathering up in terms of top line through deal wins."

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The currency posted its biggest single-day percentage fall since Dec. 15, after a rally last week where it went from trading near record lows to strengthening to the 81.30-handle.

Stock market update: Nifty IT index advances 1.14%

Updated at : 2023-01-16 17:20:02

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The Nifty IT index closed 1.14 per cent up at 29264.65.

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The Relative Strength Index of the stock stood at 22.49 on Monday.

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The net interest income of the bank for the quarter ended December 31, 2022, grew by 27.14% to Rs 1,956 crore from Rs 1,539 crore for the third quarter of FY23. Other income of the firm grew by 10.29% to Rs 534 crore in the quarter ended December from Rs 484 crore in Q3FY22.

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Promoters held 53.51 per cent stake in the company as of 30-Jun-2022, while FII and DII ownership stood at 42.2 per cent and 2.24 per cent, respectively.

Entrepreneurs have to wait and watch and understand how to get new innovative ideas. Pick up the gaps in the economy. Find out which opportunities they can cash on and be ready for the turnaround in the economy. This is the right time to contemplate and take preparations and then wait for an appropriate point to launch the project.

Avenue Supermart shares down 4.43% as Sensex falls

Updated at : 2023-01-16 15:20:03

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A total of 66,775 shares changed hands on the counter till 02:14PM (IST)

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