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Zomato faces challenges in quick commerce profitability but leverages Blinkit’s strong execution. The food delivery segment shows improved margins, with management targeting a 5% EBITDA margin by H2 FY26, reflecting long-term growth potential.

The Indian rupee shed much of its early gains to close largely unchanged on Tuesday as the U.S. dollar recovered after President Donald Trump said he was thinking about imposing tariffs on Canada and Mexico.

Banking is in a very interesting crossroads now because in a sense what has happened is you have had this phase when you had this mammoth asset recovery phase, that is quality improvement, which you better capture through the state-owned banks, etc, etc.

A total of 3,407 shares changed hands on the counter till 02:16PM (IST)

Six stocks, including Axis Bank, VIP Industries, and Easy Trip Planners, hit 52-week lows as market caution prevailed amid global uncertainty. Stocks like Sanofi India and ZF Commercial Vehicle also saw declines.

The world faces major challenges, including geopolitical tensions, economic disruptions, and global issues like climate change and artificial intelligence. While globalization fades and trade barriers rise, India shows political stability, though its economy faces cyclical fluctuations. In Europe, nations like Germany struggle with competition. Global growth, tariffs, and political actions—especially from the USA—can impact economic development worldwide.

Newgen Software share price: The company’s profit after tax (PAT) for the third quarter ended December 2024 was Rs 89 crore, marking a 30% year-on-year increase compared to Rs 68 crore in Q3FY24. Additionally, revenue from operations grew by 18% YoY, reaching Rs 381 crore.

Jio Financial Services, in partnership with BlackRock, has expanded into the broking sector with a new subsidiary, Jio BlackRock Broking. The JV, aiming to transform India’s wealth management space, also reported a 3.13% increase in Q2 FY25 net profit. Despite a 9.21% rise in shares over the past year, the stock has declined by 11.55% in the past month.

Analysts suggest that the recent decline could be a temporary correction, with the potential for a rebound if Dogecoin manages to break through resistance levels at $0.3650 and $0.3680. Surpassing these levels could pave the way for a recovery toward the $0.40 mark.

Of the total EMA Partners IPO offer, 50% is reserved for qualified institutional buyers, 35% for retail investors, and 15% for non-institutional investors. The proceeds will be used to meet incremental working capital needs, invest in IT infrastructure like software, computers, and laptops, and support general corporate purposes.