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We saw the first kind of the green shoots over there wherein the textile companies, they mentioned that demand is seen picking up in the month of September. So, more than the numbers in this quarter, I would be looking at the guidance ahead.

​So, the way I see this is that if you do the sort of super specialised corporate activity, with just basic governance, and these guys actually had exceptionally higher levels of governance, the people in the group, I mean, forget the founders whose visions that these specialists or these CEOs of different companies are embodying.

India Inc. honored Ratan Tata, who passed away at 86 late Wednesday night in Mumbai. Prominent industrialists, including Mukesh Ambani, Gautam Adani, and Anand Mahindra, paid tribute to his significant contributions to industry and society.

India’s market seems “to be quite vulnerable in the near-term driven by record high relative valuations to China and emerging markets,” quant strategists Rupal Agarwal and Cheng Zhang wrote in a note Thursday.

The RBI indicated a shift to a neutral policy stance despite expectations of rate cuts. It emphasized domestic growth and inflation risks, citing weak real incomes and financial stability concerns in the BFSI sector. A potential rate cut needs slower retail lending and improved household savings.

During this period, Tata Group companies have delivered exceptional gains, with several stocks emerging as multibaggers. Noteworthy performances include Tata Teleservices (Maharashtra), which witnessed a staggering increase of 2,830%, and Automotive Stampings and Assemblies, which surged by 2,120%. Additionally, Tejas Networks experienced a growth of 1,365%, while Tata Elxsi recorded an increase of nearly 1,100%. Trent also saw a growth of 1,534%.

The Relative Strength Index of the stock stood at 33.86 on Thursday.

A total of 14,070 shares changed hands on the counter till 12:47PM (IST)

The Nifty IT index was trading 0.02 per cent down at 42614.1.

The stock quoted a 52-week high price of Rs 1826.2 and a 52-week low of Rs 1002.7.