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"The demand for plots and independent floors have come back strongly during the COVID-19 pandemic. Developers are trying to meet this rise in demand by launching such projects on the outskirts of big cities," Agarwala said.

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Here is the stock market performance at 1:30 PM today.

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RBL Bank Ltd is quoting at Rs 148.75, up 4.02% on the day as on 12:54 IST on the NSE. The stock is down 41.53% in last one year as compared to a 24.89% jump in NIFTY and a 19.04% jump in the Nifty Bank index.

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The company allotted 2,000 NCDs of the face value of Rs10 lakh each on a private placement basis.

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The increase in rupees could also be entitled to a boost in domestic equities.

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Ashok Leyland Ltd is quoting at Rs 137.7, up 1.89% on the day as on 12:54 IST on the NSE. The stock is up 13.19% in last one year as compared to a 24.89% gain in NIFTY and a 13.61% gain in the Nifty Auto index.

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The benchmark indices traded in a range with strong gains in afternoon trade. Metal and oil & gas stocks supported the indices. The Nifty was trading below the 18,200 level. At 13:30 IST, the barometer index, the S&P BSE Sensex, advanced 404.38 points or 0.67% at 61,021.27. The Nifty 50 index gained 117.05 points or 0.65% at 18,172.80. Reliance Industries (RIL) (up 2.29%), ICICI Bank […]

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HFCL has chosen CommAgility as its key technology partner and shall use its SG new radio (NR) software in its SG indoor small cells. HFCL is using CommAgilitys flexible, configurable SG NR physical layer (PHY) and Digital Front-End (DFE) software for deployment across consumer, enterprise and industry verticals. As part of CommAgilitys implementation, the Company is providing support services to install its software with HFCLs […]

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State Bank of India is quoting at Rs 511.65, up 1.13% on the day as on 12:54 IST on the NSE. The stock is up 66.77% in last one year as compared to a 24.89% gain in NIFTY and a 19.04% gain in the Nifty Bank index.

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The ‘Stable’ outlook indicates a low likelihood of rating change over the medium term.

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