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Ashok Leyland, incorporated in the year 1948, is a Large Cap company (having a market cap of Rs 41399.39 Crore) operating in Auto sector.

Fear gauge index India VIX was down by 1.33% from 12.58 to 12.41 levels. Volatility has been falling from the last five trading sessions and giving comfort to the bulls.

​Ahead of the crucial RBI’s interest rate decision to be announced tomorrow, Indian indices ended on a positive note on Wednesday.

It is majorly owned by public shareholders with 61.35% holding, while promoters have about 38.65% stake in the company. Among the public shareholders, mutual funds have a combined stake of 2.5%, as of the March quarter, while foreign investors own 6.40%.

On a closing basis, 17,555 level will be crucial to watch out for on Nifty50, and if this is crossed, then the next major target is 17,700, Palviya said.

The banking sector in India has witnessed a sharp increase in deposit rates of upwards of 120-150 basis points over the past six months. This has led to an increase in deposit growth, despite starting on a weak footing earlier in the year. The growth has come towards the end of the rate hike cycle. Experts believe that the growth in the IT sector is likely to come from the BFSI sector. The digitisation wave and the ebbing of the banking crisis have added to the growth in the sector.

Zaggle operates in the B2B2C segment and is amongst a small number of uniquely positioned players with a diversified offering of financial technology products and services.

In January, February and March, index funds saw inflows worth Rs 6,736.52 crore, 5,813.16 and 6,244.30, respectively, in as many as 146, 152 and 163 schemes, respectively, according to data released by Association of Mutual Funds in India (Amfi).

Bonus shares are fully paid additional shares issued by a company to its existing shareholders. When a firm issues bonus shares, its shareholders do not have to incur any extra costs to get them. The number of bonus shares you receive depends on the number of shares of the firm you already hold.

​Motilal Oswal’s top 4 picks of the week can surge up to 49% in the next one year​​