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According to Hrishikesh Yedve of Asit C. Mehta Investment Intermediates, if the Nifty sustains above 23,460, a short-term pullback toward 23,800-23,900 is likely. However, resistance is expected near 23,930, where the 200-DSMA is positioned. Falling below 23,460 could lead to further weakness, potentially dragging the index down to the 23,300-23,200 range.

Tata Consultancy Services (TCS) posted a 12% rise in Q3 net profit to ₹12,380 crore, driven by strong execution, cost efficiency, and strategic risk management, despite revenue missing estimates. It announced robust TCV growth and a ₹76/share dividend.

Novelis Inc., Hindalco’s overseas arm, raised $750 million through 6.88% five-year bonds. Proceeds will repay $738 million in credit facility debt and support corporate purposes, bolstering its global aluminium operations.

Gold price climbed Rs 300 for a third consecutive session to Rs 80,300 per 10 grams in the national capital on Thursday amid strong global cues, according to the All India Sarafa Association.

Strata, which facilitates fractional ownership of commercial real estate, on Friday said it has received the official license from markets regulator Sebi to launch its Small and Medium Real Estate Investment Trust (SM-REIT).

Indian equity indices fell for the second session, with Sensex down 528 points and Nifty dropping 162 points, amid rupee depreciation and foreign outflows. IT, energy, and banking stocks led the decline.

IREDA Q3 Results: IREDA reported a net profit increase of 27% for the December quarter, amounting to Rs 425.38 crore. The total revenue from operations rose by 35.6% to Rs 1,698.45 crore. Sequentially, their profit grew by 10%.

Tata Consultancy Services (TCS) reported disappointing performance on the revenue and profit fronts for the third quarter amid rising employee attrition rate.