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“If one looks at the telecom part, we are seeing a 5G rollout and we expect some good traction in terms of ARPU over the next three to four quarters. The retail business is showing reasonably good tractions. We will have a bit of an issue in terms of the oil and gas business and the windfall tax related issues but the rest of the verticals are doing well.”

​The BSE Realty index has traded with a bit of weakness in the past year but on a two-year timeframe, the performance has been phenomenal as the index has gained about 95 per cent. During the same period, 10 realty stocks have outperformed the index and rallied over 100 per cent.

Nifty registered a bullish golden crossover in August (50-DEMA crossing above 200-DEMA), implying a major shift of momentum in favour of bulls from a medium-term perspective.

The project comprises the construction of a 10.559 km elevated viaduct and 11 stations from Bheshan Dead End to Majura Gate station.

CASA deposits at the bank also grew to Rs 1,10,205 crore in the September quarter as against Rs 97,889 crore in the same quarter a year ago.

Fall in bond yields, recovery in equity markets and signals of waning inflation sent the crypto markets higher. However, the tokens did not go soaring as fears over the worst are not yet over.The volumes of Bitcoin traded surged about 30 per cent as the worst $31.7 billion exchanged hands in the last 24 hours, the data suggested. The total market cap of Bitcoin was hovering around the $390 billion mark.

Healthy economic activity, a pick-up in credit growth and improvement in asset quality are the key drivers of the run-up in banking stocks.For the September quarter, private sector lender HDFC Bank reported a strong 24 per cent loan growth, with domestic retail loans rising nearly 22 per cent on year.

During the quarter ended September 30, 2022, the corporation assigned loans amounting to Rs 9,145 crore compared to Rs 7,132 crore in the corresponding quarter of the previous year,” HDFC said in a BSE filing.“Individual loans sold in the preceding 12 months amounted to Rs 34,513 crore. Gross income from the dividend for the quarter ended September 30, 2022, was Rs 1,360 crore,” It said.

“Reliance is a stock which should be there in the portfolio because oil and gas will continue to generate heaps of cash and the other two businesses which are Jio and Retail will continue to grow on a QoQ basis. So it is a combination of steady cash flows plus a secular growth from the two B2C businesses and we continue to like the stock.”

The falling oil prices and months of severe volatility have spooked the market, with major consumer countries still tapping strategic stocks to cool prices while top exporters in the OPEC+ alliance may take the opposite view and boost output this week.