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On the technical charts, the RSI of the stock stood at 30.48.

A total of 1,661,598 shares changed hands on the counter till 02:13PM (IST).

“IT might see more corrections in the near to medium term while the banking sector looks pretty attractive at this point of time. Even after this correction, some kind of near term consolidation could be on cards but from a medium term perspective, valuations for banks look very attractive. One should look at sectors where valuation has corrected for good buying opportunities.”

The 12-month inflation rate in France rose to 7.2% in February from 7.0% in January, partly as a result of rising food prices, according to preliminary data.

We estimate Adani Ports to remain the market leader in India with volume growth of 16%, translating into Revenue/EBITDA/PAT CAGR of 18%/15%/13% respectively in FY23-25E with OCF/EBITDA exceeding 80%,the brokerage said in a report.

The earnings of India Inc for the third quarter were a mixed bag with a few hits and some misses

IRM Energy’s IPO is a complete fresh issue of up to 10,100,000 equity shares with a face value of Rs 10 per equity share. Meanwhile, Lohia Corp’s public issue is a complete offer-for-sale (OFS) of up to 31,695,000 equity shares by existing shareholders with a face value of Re 1 per unit

"The Adani Group collectively carries about three times as much debt as it should, confirming that the group is over-levered as well, but note that this is a bad business practice, not a con," Damodaran wrote in his blog.

The Relative Strength Index of the stock stood at 50.54 on Tuesday.

The market cap of top global companies such as Google, Facebook & more is now collectively billions of dollars today