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The Nifty Realty index closed 0.08 per cent at 1001.05.

Promoters held 30.3 per cent stake in the company as of 30-Sep-2024, while FII and DII ownership stood at 18.08 per cent and 24.36 per cent, respectively.

The stock saw a sharper decline and is now trading below its 200-day exponential moving average (DEMA). It had attempted to hold above this level but dropped following a disappointing second-quarter performance.

But by and large, PSUs, if you look at, there are other sectors like utilities or on the oil and gas side, which are not as expensive. So, generalising PSUs as being expensive would not be all that.

Indian equity markets will remain open for trading on Thursday, October 31, despite many celebrating Diwali on that day. However, they will be closed on November 1, Friday, although a brief session for Muhurat Trading will take place. According to the Hindu calendar, Deepawali is celebrated on Amavasya Tithi, which falls on October 31, 2024.

Short covering occurs when traders repurchase shares they had previously sold short, typically in response to a change in market sentiment or new information.

The stock quoted a 52-week high of Rs 653.90 and a 52-week low of Rs 268.00.

Promoters held 50.09 per cent stake in the company as of 30-Sep-2024, while FII and DII ownership stood at 27.18 per cent and 14.25 per cent, respectively.

Canara Bank is focusing on alternative funding sources to reduce dependence on costly deposits. They are also expanding their deposits and launching new products in the CASA segment to boost growth. The bank has seen significant increases in savings accounts and has improved yields on advances. There is cautious optimism regarding future growth in various segments.