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Gold remained under pressure as the US dollar strengthened ahead of key central bank meetings, making bullion more expensive for holders of other currencies.

Net sales for the pharma major is seen rising 9.04 per cent YoY to Rs 9,635 crore from Rs 8,836 crore in the same quarter last year. Ebitda could climb to Rs 2,486 crore from Rs 2,406 crore in the year-ago quarter, the ET NOW poll suggested.

S&P BSE Sensex has climbed in the month following the budget day in only three of the past eight years since Prime Minister Narendra Modi came to power in 2014. It fell or traded rangebound on the other five occasions.

At 9.20 am, the BSE Sensex was trading 689.15 points or 1.20 per cent, higher at 57,889.38. The NSE Nifty50 stood at 17,311.70, up 209.75 points or 1.23 per cent. India VIX rose 5 per cent to 21.76, suggesting high volatility ahead.

Jyothy Labs Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 5111.54 Crore) operating in FMCG sector.

AGS Transact Technologies raised Rs 680 crore via its initial stake sale as the issue was open for subscription between January 19-21. The company sold its shares in the range of Rs 166-175 apiece, which was entirely an offer for sale.

The company had posted a consolidated net profit of Rs 2,466.71 crore in the same quarter of the previous fiscal.

The stock traded at a P/E multiple of 109.02, while the price-to-book value ratio stood at 26.94.

A host of brokerages are expecting the automaker to report a loss for the quarter. They noted that chip shortage continued to dent volumes of UK arm Jaguar Land Rover (JLR) and said more worrying is the expected pressure in the March quarter as Q4 is generally the best quarter for JLR.

A total of 6,734 shares changed hands on the counter till 10:10AM (IST).