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A total of 16,487 shares changed hands on the counter till time (IST).

The Nifty Pharma index was trading 0.71 per cent up at 13856.75.

The number of relays have doubled over the last few weeks and the average is about a billion relays a day, which is ten times higher than the daily average in November 2021. In just the last week alone, Pocket has had more relays than the whole December.

Tata Communications Ltd., incorporated in the year 1986, is a Mid Cap company (having a market cap of Rs 36128.03 Crore) operating in Telecommunications sector.

The stock quoted a 52-week high of Rs 252.1 and a 52-week low of Rs 190.3.

“A silent transition has taken place in India and equities which were a peripheral or seasonal trading asset class two decades back, today have become more core, more long term, more centre of the plate kind of an asset class – be it through direct investments or through mutual funds or insurance companies.”

Morgan Stanley said FY23-34 forecasts for RIL are up 2-3 per cent year-to-date but it still sees potential for nearly 10 per cent plus jump in earnings per share (EPS). While suggesting a target of Rs 2,926 for the stock, it said RIL may see 5 per cent Ebitda and 4 per cent earnings growth.

“They are in a good spot and valuation wise these stocks have not gone out of the book. The other opportunity is in the companies which have invested in the last three, four years on their capacity building, we are waiting for US FDA approvals for new capacities to come on stream. Alembic Pharma fits into that.”

“The HDFC-HDFC Bank merger creates one of the very large banks on a global scale and therefore its ability to grow will also be on a global scale. So with the RBI change in rules, if healthy and bigger banks can take over the weaker banks, that is a trend we will see over the coming year. I think the merger between HDFC and HDFC Bank was the first step,.” says Chakri Lokapriya

Bitcoin has closed on the daily time frame below the $44,000 support level, indicating that this price drop may be here to stay for some time. Now, bulls and bears are battling it out to determine the next direction for the crypto.