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"Paytm’s FY23 lending volumes are tracking 90% higher than our earlier estimates, and this, coupled with stronger payment margins, has resulted in the company’s profitability continuing to surprise to the upside," Goldman said in a report.

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As of 30-Sep-2022, promoters held 0.0 per cent stake in the company, while FIIs held 7.22 per cent and domestic institutional investors had 2.09 per cent.

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The Relative Strength Index of the stock stood at 55.39 on Tuesday.

"Expectations of the Fed slowing the pace of rate hikes has been supporting gold. Currently, we are seeing a technical pullback as prices entered the overbought territory. Also, the dollar is firming slightly," said Ajay Kedia, director at Kedia Commodities.

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Tata Metaliks will release its third quarter results later in the day. In the previous quarter, revenues increased by 36% over Q2FY22, largely driven by higher sales volume of both Pig Iron and Ductile Iron Pipe.

Indian Hotels shares rise 0.34% as Sensex climbs

Updated at : 2023-01-17 14:20:03

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A total of 42,895 shares changed hands on the counter till 01:12PM (IST)

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However, South Korea faced its biggest monthly foreign capital outflows in almost four years because of an increase in the amount of bonds that matured at the end of the year.

Just Dial among 4 stocks that crossed their 200 DMA

Updated at : 2023-01-17 13:25:03

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“The breakout was further confirmed by the presence of higher trading volumes. Additionally, the Relative Strength Index, a momentum indicator, is aligned with the price movement, further indicating the continued uptrend,” he said.

India Inc needs a more copious supplier of skilled workers to deal with the double digit wage inflation we are seeing in factories, in Financial Services firms and in IT Services. More than university graduates, we need youngsters who have practical skills which make them valuable in manufacturing, operations and sales roles. India Inc should be given the license to set up Technical Education Institutes which can impart such practical training and thus drive mass job creation.

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