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The proceeds from the transaction will further strengthen our balance sheet, the company said.

A fiscal deficit of 5.3 percent of GDP in 2024-25 would mean a 60-basis-point reduction in the fiscal deficit from this year#39;s Budget estimate, which economists widely expect the Nirmala Sitharaman-led finance ministry to meet.

According to a Moneycontrol survey, economists see the interim Budget targeting a capital expenditure of around Rs 11.2 lakh crore for 2024-25.

According to a Moneycontrol survey, economists see the interim Budget targeting a capital expenditure of around Rs 11.2 lakh crore for 2024-25.

The FACT price is trading above the breakout from ascending triangle pattern, signalling a bullish bias. The closing above its previous high and record high closing indicate strength in the stock.

The levels to monitor in the Budget week are around the psychological mark of 21,000, coinciding with 50-SMA. In the case of any negative surprises, Nifty may decline towards 20,800 or even towards the bullish gap of 20,500.

NALCO formed bullish candlestick pattern on the daily charts, with strong volumes. The stock traded well above all key moving averages (20, 50, 100 and 200-day EMA – exponential moving average), which is a positive sign.

Stocks to watch: Check out the companies making headlines before the opening bell today, on January 29, 2024.

Expert anticipates a strong rebound in the Nifty Bank index during the February 2024 derivative series if the 45,000–44,000 support holds.

Components and finished products are often shipped through the Suez Canal to reach different markets, and disruptions can lead to delays in manufacturing and increased costs, it said.