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The Bombay Stock Exchange (BSE) has raised the circuit limit for 331 stocks, such as IFCI, Mahanagar Telephone Nigam, and Kesoram Industries, from 5% to 10%.

Vedanta Limited, led by Anil Agarwal, reported a 18.3% decline in net profit to ₹2,013 Crore in the third quarter of FY24, with revenue growing 4% to ₹34,968 Crore during the same period.

Although it is still near the 152 level, the yen rose to a two-week high versus the US dollar due to safe-haven bids and new cautions from Japanese officials.

Conversely, the healthcare and food and beverage segments are anticipated to register low single-digit growth.

Chinese Shanghai Composite is trading 0.18% lower. Japan’s Nikkei 225 closed 2.42% down. Hong Kong’s Hang Seng index is down by 0.97%. South Korean Kospi index is down by 1.08%.

Vistara CEO Vinod Kannan stated that the large number of sick leave days was not the only factor contributing to the shortfall; many pilots had reached their flying duty time limit.

Gross advances made by the bank during the quarter came to Rs 85,640 crore, a 19% YoY growth and a 5% QoQ increase.

The banned stocks include Hindustan Copper, SAIL, and ZEEL, which will remain unavailable for F&O trading, though they can still be traded in the cash market.

Among sectors, banks, power, and information technology are up 0.5-1%, while PSU Bank, oil & gas index is down 0.5-1%.

According to a release, PFC has given its shareholders an interim dividend totalling ₹3,630 Crore for the fiscal year 2023–2024, which is the highest sum the company has ever paid out.