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Friday is likely to see the levels of 17950 and 18000 acting as immediate resistance points for Nifty50. The supports come in at 17800 and 17770.

The Dow Jones Industrial Average fell 41.16 points, or 0.11 per cent, at the open to 36,038.78.

For the first time, the Government of India (GoI) undertook a first-of-its-kind exercise in FY2019-20 to lay the infrastructure vision for the country. Pursuant to this, the National Infrastructure Pipeline (NIP), detailing this vision was released in December 2019.

The scheme offers a portal to invest in Central Government securities, Treasury Bills, State Development Loans and Sovereign Gold Bonds.

“While Nykaa valuations are clearly sustainable, if one had to choose between Nykaa and Sapphire Foods, I would choose Nykaa.”

Zomato’s revenue growth came in at 140 per cent year-on-year in the September quarter, with the food delivery business registering gross order value growth of more than 150 per cent in the period.

S Ranganathan, Head of Research, LKP securities said weak global cues led by rising CPI in the US spooked markets as fears of the Fed being behind the curve seem to worry the Street.

In the international market, gold trading higher at USD 1,856 per ounce and silver flat at USD 24.89 per ounce.

The initial stake sale of the payment bank, promoted by Fino Paytech, was open for subscription between October 29 and November 2. However, the lender has not seen any activity in the grey market.

Revenue from operations was up 46.43 per cent to Rs 1,084.01 crore during the quarter under review as against Rs 740.30 crore in the corresponding period of the previous fiscal year.