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Impavid Bulletin

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“The proposed semiconductor manufacturing fab unit will operate on the 28nm technology nodes with wafer size 300 mm; and the display manufacturing unit will produce Generation 8 displays catering to small, medium and large applications,” a joint statement released on Tuesday read.

“I am not really looking at a case of the Nifty retesting 18,600 yet. I see more downside risk than upside. So apart from some short-term strength which we might continue to see because of the existing momentum, eventually we will align with what is happening in the world markets.”

“Based on percentage of completion you book the revenues and in FY24, realty and engineering put together should be doing anything between 20% and 25% of the total revenues. In terms of EBITDA, we should consider 35% of the EBITDA coming from these businesses but our mainstay is the lifestyle business and we see very good trends coming in.”

TMB can be a good investment, said Arijit Malakar, Head of Retail Research, Ashika Group, citing better growth with healthy asset quality, robust risk management, equipped with basic retail banking infrastructure and a sizable market to grow.

Analysts believe that Ethereum's merge can fail, but there are very faint chances of this happening, akin to negligible but one cannot say that the merge will be 100 per cent success.The upgrade is crucial as it reduces Ethereum’s energy consumption by over 99 per cent.

The brokerage believes the majority of the coal-based capacity addition over the next decade will be done by PSUs led by NTPC. Coal India, being the largest coal supplier, will continue to be the major beneficiary on the back of coal demand growth.

After falling over 1,100 points in morning trade, the 30-share Sensex recovered 930 points from the day's low and settled 224.11 points lower to end at 60,346.97. Its broader peer, Nifty50, ended at 18,003.75, down 66.30 points.