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The buying during the week was due to a surprising decision by the Reserve Bank of India.

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Shortages of supplies and workers, heavy doses of federal aid, ultra-low interest rates and robust consumer spending combined to send inflation leaping in the past year. And there are few signs that it will slow significantly anytime soon.

Sobha Q3 Results: Net profit rises 51% to Rs 32.7cr

Updated at : 2022-02-11 20:25:01

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Total income rose marginally to Rs 697.5 crore in the third quarter of this fiscal, from Rs 696.3 crore in the corresponding period of the previous year, according to a regulatory filing.

Group’s flagship Tata Sons market capitalisation has risen from Rs 4.8 lakh crore on April 1, 2017, to Rs 13.67 lakh crore currently.

Solara Active Pharma hit lower circuit for the second straight session. Coastal Corp tanked over weaker sentiments

Market movers: Why Sapphire Foods jumped 17%

Updated at : 2022-02-11 19:30:03

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The firm acknowledged that the third wave of the Covid pandemic has again resulted in some operational disruptions in January and February in few markets

“Continuation of N Chandrasekaran as the Tata Group chairman is a welcome step. It is a big positive because this will ensure the continuity in the thought process of the entire group and some of the group companies have definitely benefited from the economic change in the economic cycle that is now turning favourable.”

Nifty50 has given up almost all the gains of the last two trading sessions. In this process, it also filled the bullish gap placed in the zone of 17,339-306 level

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“In the last two years, when everything had gone up, I could have thrown darts and done very well. So, I think the next couple of years are going to be far more stock specific and while at a broader level, returns may be subdued but some pockets and specific pockets may do very well.”

“Our long-term growth enablers for growth are all progressing well – be it technological interventions, network expansion strategy or capability building. All the long-term initiatives are going as per plan and we feel very confident of coming back to our pre-Covid growth levels as soon as the pandemic wears off which it is showing signs of.”

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