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Nifty50 formed a perfect bullish candle on the daily scale and saw a breakout from its consolidation phase of the last few sessions.

The package likely includes a four-year moratorium on AGR and spectrum payments apart from a reduction in the spectrum usage charge (SUC) prospectively, among measures to improve the health of the debt-laden sector and retain a three-private player market.

The possible valuation is based on preliminary talks and may change after detailed discussions, due diligence and an official valuation report, according to people with knowledge of the matter, who asked not to be identified as the deliberations are private

“In the short term, NPLs can go up but that’s it. To my mind, with every passing month post the second wave, we have seen collections getting better. The collection number for individuals was 98% when we last reviewed.”

On the Multi Commodity Exchange, zinc contracts for the September delivery traded higher by Rs 1.35, or 0.54 per cent, to Rs 252.75 per kg with a business turnover of 1,281 lots.

History suggests Apple stock rarely performs on the day of its major launch. Since its first launch, the stock has ended higher on just four launch occasions since 2007!

Shares of Zee Entertainment Enterprises Limited on Tuesday zoomed 40 per cent after two investment firms sought the removal of the current Managing Director Punit Goenka from the board of the company.

The Relative Strength Index of the stock stood at 61.1 on Wednesday.

The exchange offers investments in options like Bitcoin, Ethereum, Litecoin, Chainlink and Polkadot. BuyUcoin said bundled SIP insulates investment against market volatility and ensures safety for investors.

The NFO for Aditya Birla’s fund will open on September 15 and close on September 23. The same for ICICI Prudential’s fund will open on September 16, and close on September 27.