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AU Small Finance Bank became a part of the Bank Nifty from Wednesday, which has sparked bullish positions in the bank. "AU is coming into the Bank Nifty now. That's why it seeing a high open interest," said Chandan Taparia, derivative analyst, Motilal Oswal. "Overall outlook is positive with support at Rs 1,175. It can go to Rs 1,300 in the near term," said Taparia.
Nasdaq falls into correction territory as trade war worries weigh; Tesla plunges 7%Stocks on Wall Street declined on Tuesday, led by a significant drop in the tech-heavy Nasdaq, as investors worried about the escalating trade war's impact on the economy. Major banks and automotive stocks were among the wors… Read MoreSebi gives relaxation in timeline for reporting differential rights issues by AIFsSebi extended the deadline to March 31, 2025, for Alternative Investment Funds (AIFs) to report differential rights issues. The initial deadline was February 28, 2025. This move follows requests from the AIF industry for more… Read MoreVodafone Idea Q3 net loss narrows to Rs 6,609 crore on tariff hikes, ARPUVodafone Idea's net loss narrowed to Rs 6,609 crore in Q3, driven by tariff hikes that boosted ARPU. However, the telco continues to face challenges with subscriber losses, now below 200 million. Investments and phased 5G rol… Read MoreSuven Pharma Q3 Results: Net profit surges 78% to Rs 83 crore, revenue up 40%Suven Pharma, backed by Advent, reported a 78% year-on-year rise in net profit to Rs 83.3 crore for Q3FY25 driven by strong demand and business development efforts. Revenue grew 40% to Rs 307.2 crore, led by a surge in CDMO b… Read MoreTata Communications floats commercial papers to raise Rs 465 croreTata Communications has raised Rs 465 crore through the issuance of commercial papers dated February 21, maturing on May 23, 2025. These papers are listed on the National Stock Exchange with a face value of Rs 5 lakh each and… Read More
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