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A total of 4,546 shares changed hands on the counter till 11:38AM (IST)

On the technical charts, the 200-day moving average of the stock stood at Rs 44471.74.

Indian equity indices started the day in the red with the Nifty 50 index falling 0.44% and S&P BSE Sensex dropping 0.46%, dragged by banking and IT stocks. Experts believe the Indian market could remain resilient because of FIIs who bought equity for Rs 8,212 crore during the last four trading days. US markets have been weak in light of a sharp 5% correction in the US Regional Bank Index. Globally, Asian stocks too were down over fears of banking sector turmoil and jitters over interest rates.

Share buyback is a corporate action in which a company buys back its own outstanding shares to reduce the number of shares available in the open market

Breakout from symmetrical triangle on the hourly time frame with jump in volumes.

A total of 29,787 shares changed hands on the counter till 10:15AM (IST)

Wadia group-owned Go First on Tuesday filed an application for voluntary insolvency resolution proceedings before the NCLT.

AI technology is expected to impact jobs that are repetitive in nature, such as administrative, secretarial, and customer service roles. However, according to Aditya Narayan Mishra, CEO of Ciel HR Services, individuals can prepare for these changes by upskilling themselves to take on more complex jobs that require decision-making skills. He notes that while some jobs may be automated, others will be created, and corporates will likely invest in upskilling their employees to stay ahead of the curve.

The US Federal Reserve is expected to raise interest rates for the third consecutive time later today, with traders predicting a 84% chance of a 0.25% rate hike. The increase would take the Fed’s target range to 5.00-5.25%, although inflation is still far from the 2% target. Investors are looking for a signal from Fed Chairman Jerome Powell on whether or not there will be a pause in future hikes. The major support for Indian share indices is the $48m in renewed buying by foreign institutional investors, which has turned the market trajectory positive over the past month.

As of 31-Mar-2023, promoters held 51.46 per cent stake in the company, while FIIs held 12.35 per cent and domestic institutional investors had 3.68 per cent.