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The cost benefits that accrued to software services providers till now due to Covid-19 related travel restrictions may be coming to an end. Executives at top IT companies signalled a return to pre-Covid-19 margins and revenue while announcing results for the September quarter.

Skylark Wealth Management today bought 36,000 shares of Roni Households at Rs. 71 apiece through a bulk deal on the BSE.

Total revenue from operations of ACC, a subsidiary of Swiss building material major Holcim group (earlier LafargeHolcim), rose 5.98 per cent to Rs 3,749 crore from Rs 3,537.31 crore earlier.

Total income rose on a consolidated basis to Rs 2,198.61 crore during July-September quarter from Rs 2,064.61 crore in the year-ago period. Expenses remained higher at Rs 1,970 crore as against Rs 1,910.48 crore in the said period.

From the technical perspective, the second time market pared its gains and gave up its recovery is important. It has marked Tuesday’s high point of 18600 as a potential short-term top for the market.

Loans may be offered on three-year or five-year maturities. They would be priced after adding a spread over the London Interbank Offered Rate (LIBOR).

In dollar terms, revenues were up 22 per cent at $217.4 million, and the EBIT margin was at 18.4 per cent, up 470 basis points.

Net profit increased to Rs 446 crore in September 2021 from Rs 302 crore a year ago due to a 70 per cent rise in investment income to Rs 13,546 crore from Rs 7949 crore a year ago.

The Dow Jones Industrial Average rose 66.76 points, or 0.19 per cent, at the open to 35,325.37.

The Proshares Bitcoin-linked ETF started trading on the stock exchanges with the ticker name of BITO. ProShares Bitcoin Strategy ETF was trading 3.2 per cent higher at $41.2 on the NYSE.