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On the technical charts, the RSI of the stock stood at 36.64.

We certainly expect that to continue in the foreseeable future. So, the convergence of the decline in technology solutions and the runoff from VinFast is really what has positioned the relatively flat performance in the first quarter. I think the good news, because of the completion of the transition, is that we are fully confident now of sequential quarter-on-quarter improvement through the rest of the year.

The seventh budget of Finance Minister Nirmala Sitharaman is expected to do a tightrope walk between consumption and investment. Although there may be a push towards consumption-led economic growth for immediate results, sustainable long-term growth requires prioritizing investment as it drives innovation, improves infrastructure, and creates enduring job opportunities, ensuring economic resilience.

A total of 15,504 shares changed hands on the counter till 01:44PM (IST).

The shares of Damani’s portfolio stock VST Industries soared 17% to its new all-time high of Rs 4,829.95 after the company announced that it will consider issuing bonus shares in its upcoming board meeting on July 25.

The market should not be disappointed with any direct-to-market taxes, which is primarily true with capital gains tax. There are indications that SEBI, FinMin and RBI are uncomfortable with the extent of speculation or derivatives and futures and options and that they will discourage it, says Samir Arora, founder, Helios Capital.

A total of 90,215 shares changed hands on the counter till 12:48PM (IST)

Investing in equity mutual funds comes with market volatility. Understanding standard deviation helps gauge risk. Protecting downside is crucial for long-term wealth creation.

On the technical charts, the RSI of the stock stood at 47.33.

Paytm Q1 Results: One 97 Communications, the parent company of Paytm, reported a widened cons loss of Rs 838.9 crore in the June quarter, compared to Rs 357 crore in the same quarter last year. Revenue for Q1 declined by 36% YoY to Rs 1,502 crore from Rs 2,342 crore in Q1 FY24. Despite this, the company indicated that its revenue and EBITDA, excluding the ESOP loss of Rs 545 crore, met its guidance.