On the sectoral front, Nifty IT (+1.42%) and Media (+1.71%) stocks are trading with the most gains.
India's steel demand is projected to reach 136.97 MT in FY25, growing at 6.3%.
Investment may be made in seaport and renewable energy projects.
NTPC is also planning to come up with initial public offering for its renewable energy arm NTPC Green Energy Ltd (NGEL) to raise funds
The introduction of the Paytm UPI SDK is an additional feature within the existing UPI acquiring arrangement between Paytm Payments Services Ltd. and Paytm Payments Bank.
These projects are in Myanmar, Bangladesh, Vietnam, South Sudan, and Colombia.
Recommendation: Buy; Target Price: Rs 220
All other sectoral indices are trading in red.
Recommendation: ADD; Target Price: Rs 2514
Recommendation: Buy; Target price: Rs. 510