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The intense sell-off in the last three trading sessions wiped out over Rs 5 lakh crore in market value from Adani stocks. The panic struck after US-based whistleblower Hindenburg warned of high leverage and fraudulent practices in Adani Group companies.

The week is filled with market-moving events, so investors are being more cautious, said Shigetoshi Kamada, general manager at the research department at Tachibana Securities.

A total of 504,300 shares changed hands on the counter till time (IST).

Adani Group said the report on the business house was a "calculated attack" on the country and its institutions while a senior executive compared a rout of its stocks with a colonial-era massacre.

Vedanta on Friday reported a 42% YoY decline in its consolidated net profit to Rs 3,092 crore for the quarter ended December 31, 2022. >> For more such web stories click on the ET icon below

Bullish Flag like formation and price sustaining above the 20 days EMA and outperformance in weak markets.

However, we believe one more year of high fiscal deficit (not exceeding current levels) will do no harm to our global ratings and support the economy which still needs hand-holding from the government for some more time.

Kajaria Ceramics, incorporated in the year 1985, is a Mid Cap company (having a market cap of Rs 16550.63 Crore) operating in Building Materials sector.

A total of 7,644 shares changed hands on the counter till 01:43PM (IST)

There are three primary sources for obtaining this funding. Banks contribute roughly INR5 trillion, the RBI provides support of INR6 trillion, and other sources contribute INR7 trillion. All scheduled commercial banks are mandated to invest a portion of their deposits, known as the Statutory Liquidity Ratio (SLR), in Government securities. As depositors put money into banks, a portion of these deposits are utilized as lending to the government.