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The Nifty Realty index closed 2.19 per cent down at 375.9.

Gold futures for August delivery fell 0.22 per cent to Rs 50,791 per 10 grams. Silver futures for July delivery declined 0.67 per cent to Rs 60,243 per KG in early trade.

Momentum investing is a strategy that invests in securities that have momentum (usually upward trending prices) and looks to sell them once they lose momentum. It works under the hypothesis that markets will continue to move in a particular direction for a much longer period than most people assume is possible. It implies that well-performing securities will continue to do so and vice versa.

The stock quoted a 52-week high price of Rs 332.6 and a 52-week low of Rs 181.15.

Vodafone Idea (VIL) in the filing said that its board of directors "has approved the exercise of the option of deferment of the AGR related dues by a period of four years with immediate effect, in accordance with the said DoT Letter. The amount of the AGR related dues as stated in the said DoT Letter is Rs 8,837 crores which is subject to revision on account of disposal of various representations".

The merger is subject to the approval of respective shareholders and creditors of Quess and Allsec, stock exchanges, Sebi, the National Company Law Tribunal and other regulatory authorities as may be required. Till the scheme becomes effective, Quess and Allsec will continue to function independently.

Virendra D. Mhaiskar, Chairman & Managing Director, IRB Infrastructure Developers said, “We deeply appreciate the steps taken by the Cabinet Committee on Economic Affairs for providing interim cash flow access to developers in clear award scenarios till a final verdict is closed.”

Ajanta Pharma Ltd., incorporated in the year 1979, is a Mid Cap company (having a market cap of Rs 15564.46 Crore) operating in Pharmaceuticals sector.

The move shows the central bank is pulling out all the stops to curb losses in the currency, which set a series of record lows this month and threatens to further accelerate inflation. The RBI’s intervention strategy has caused dollar-rupee one-year annualized forward premiums to fall below 3% for the first time in a decade, according to Standard Chartered.

A total of 938,922 shares changed hands on the counter till 11:31AM (IST).