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2025-02-05 04:59:58| The Economic Times

The Indian market is expected to trade higher on Wednesday, following positive global cues. The Nifty50 closed 378 points up at 23,739 on Tuesday, with the India VIX dropping 2.33%. Technical indicators suggest a bullish trend, with resistance at 23,80023,850 and support at 23,40023,450. Experts recommend buying stocks like L&T Technology, Kotak Mahindra Bank, and GAIL India.

Category: News and Media

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2025-02-05 04:20:23| The Economic Times

Rail Vikas Nigam Ltd (RVNL) shares surged 4% after securing a Rs 404.4 crore contract from East Coast Railway for the Koraput-Singapur Road Doubling Project, involving major bridge and road-over bridge constructions. The project completion is expected within 30 months. Previously, RVNL received a Rs 3,622-crore contract from Bharat Sanchar Nigam Ltd (BSNL).

Category: News and Media

2025-02-05 04:16:02| The Economic Times

The IPO of Ajax Engineering, a concrete equipment manufacturer, will open for public subscription on February 10, with a price band of Rs 599-629 per share. The offering consists solely of an offer-for-sale of 2.01 crore equity shares, with proceeds allocated to selling shareholders. Key sellers include Kedaara Capital, Krishnaswamy Vijay, and others.

Category: News and Media

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