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Among sectors, the Nifty Metal index rose 4 percent and the PSU bank 1 percent, while the pharma index declined a percent
SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, said its holdings fell 0.82 percent to 911.59 tonnes on Thursday from 919.12 tonnes on Wednesday.
Further hurting the outlook, China stuck to its strict COVID-19 curbs as cases rose on Thursday to their highest since August. Investors earlier in the week had thought the world’s largest oil importer may be moving toward easing restrictions to boost the economy.
Tech Mahindra, Hindalco Industries, Power Grid Corporation, NTPC and Infosys were among the top Nifty losers
The company is the only manufacturer of sulphate potash in India. Its marine chemicals business is predominantly conducted on a business-to-business basis both in India and internationally.
Five Star Business Finance has created a business model based on identifying an appropriate risk framework and the ideal instalment-to-income ratio to make sure that customers have the resources to repay the loan.
Bharti Airtel, Apollo Hospitals, Maruti Suzuki, Eicher Motors and Britannia Industries were among the top Nifty losers
Adani Transmission, P&GHH, Dalmia Bharat, M&M Finance, Relaxo Footwears, Grindwell Norton, Kajaria Ceramics, EIH, Redington India, Triveni Turbine and KSB are among the companies that will announce their results for September 2022 quarter today.