The key equity indices ended near the flatline amid volatility on Thursday. The Sensex witnessed slight downturn to close above 78,400 mark while the Nifty managed to settle near the 23,750 mark. In the barometer index, the S&P BSE Sensex was down 0.39 points or 0% to 78,472.48. The Nifty 50 index rose 22.55 points or 0.10% to 23,750.20. In the broader market, the S&P BSE Mid-Cap index rose 0.11% and the S&P BSE Small-Cap index declined 0.24%.The market breadth was negative. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, jumped 6.50% to 14.04. Numbers to Track: The yield on India's 10-year benchmark federal paper grew 1.76% to 6.895 as compared with the previous close of 6.776. In the foreign exchange market, the rupee edged higher against the dollar. The partially convertible rupee was hovering at 85.2700 compared with its close of 85.1500 during the previous trading session. MCX Gold futures for the 5 December 2024 settlement added 0.45% to Rs 76,615. The US Dollar index (DXY), which tracks the greenback's value against a basket of currencies, was down 0.03% to 108.17. The United States 10-year bond yield added 0.68% to 4.619. In the commodities market, Brent crude for February 2025 settlement advanced 43 cents or 0.58% to $74.01 a barrel. Stocks in Spotlight: Ramky Infrastructure advanced 2.98% after the company received a letter of acceptance from the Hyderabad Metropolitan Water Supply & Sewerage Board (HMWSSB) for maintaining sewage treatment plant (STP). The said order is valued at approximately Rs 215.08 crore. Ola Electric Mobility shed 0.72%. The company said that it has expanded its network to 4,000 stores nationwide, registering a four-fold increase from the existing network. Capital India Finance rose 0.34%. The company's board has approved sub-division of 1 equity share of face value of Rs 10 into 5 equity shares having face value of Rs 2, subject to approval of members of the company. Garware Technical Fibres rallied 4.91% after the company received an in-principle approval letter from the National Stock Exchange (NSE) for a bonus issue in the ratio of 4:1. Ceigall India jumped 2.88% after the company's subsidiary, Ceigall Ludhiana Bathinda Greenfield Highway Private, executed a concession agreement with the National Highways Authority of India (NHAI) to develop a highway in Punjab. Gland Pharma advanced 2.56% after the company said that the Agence nationale de s'curit' du m'dicament et des produits de sant' (ANSM), France, has issued 10 observations to Cenexi's facility post an inspection conducted this month. Godfrey Phillips India jumped 8.45% after the company announced that its nomination and remuneration committee has approved the appointment of Siddharth Chawla as chief operating officer (COO). Bharat Petroleum Corporation (BPCL) rose 1.03% after the company announced its participation in NTPC's tender for the selection of solar power generators to establish 1200 MW ISTS-connected solar PV power projects across India. Ace Software Exports added 1.27% after the company signed a letter of intent (LoI) with a reputed international entity based in the United Kingdom to explore the establishment of a joint venture. Global Markets: European market remained close today on account of Boxing Day. Asia-Pacific stocks advanced on Thursday as investors closely tracked the developments in the Japanese economy after media reports stated that the country was preparing a record $735 billion budget for its fiscal year starting in April. The budget will account for increased social security and debt-servicing expenses, the report said. On Wednesday, Bank of Japan's Governor Kazuo Ueda reportedly said: 'Japan's economy will move closer to sustainable and stable 2 percent inflation [in 2025], accompanied by wage increases.' Traders in Asia will be looking at November manufacturing output data coming out of Singapore later in the day. The Chinese government said on Wednesday that efforts to stabilize and stem the declines of the country's real estate market will persist in 2025. The measures will include controlling the supply of commercial housing to optimize supply. In the US, stocks jumped Tuesday on Christmas Eve as the market pulled off back-to-back gains in the holiday week. The S&P 500 added 1.1% to 6,040.04, and the Dow Jones Industrial Average gained 390.08 points, or 0.91%, to 43,297.03. The Nasdaq Composite climbed 1.35% to 20,031.13. Tuesday marked the start of the seasonal Santa Claus rally, which happens in the last five trading days of the year and the first two in January. With two straight winning days, the S&P 500 is up 1.8% this week, while the Dow has gained about 1%. The strong rally in megacap tech lifted the Nasdaq up 2.3% week to date. IPO Update: The initial public offer of Unimech Aerospace and Manufacturing received bids for 82,25,31,546 shares as against 47,04,028 shares on offer, according to stock exchange data at 17:27 IST on 26 December 2024. The issue was subscribed 174.86 times. The issue opened for bidding on 20 December 2024 and it will close on 24 December 2024. The price band of the IPO is fixed between Rs 610 and Rs 643 per share. An investor can bid for a minimum of 23 equity shares and in multiples thereof. Powered by Capital Market - Live

The contract includes manning, operation, and maintenance of STPs and their associated interception and diversion (I&D) under the jurisdiction of HMWSSB for a period of five years. The said order is valued at approximately Rs 215.08 crore. Ramky Infrastructure principally operates in two business segments: construction and development. In the development business, the group constructs roads under built-operate-transfer (BOT) modes, industrial parks, special economic zones, and bus terminals. The company's consolidated net profit declined 30.6% to Rs 78.19 crore on 9.3% drop in net sales to Rs 527.42 crore in Q2 FY25 over Q2 FY24.Powered by Capital Market - Live

Ramky Infrastructure has received letter of acceptance from Hyderabad Metropolitan Water Supply and Sewerage Board (HMWSSB) for Manning, Operation and Maintenance of STPs' and its connecting Interception and Diversion under HMWSSB jurisdiction for a period of five (5) years. The value of the order is Rs 215.08 crore. Powered by Capital Market - Live

Net profit of Ramky Infrastructure declined 30.57% to Rs 78.19 crore in the quarter ended September 2024 as against Rs 112.62 crore during the previous quarter ended September 2023. Sales declined 9.35% to Rs 527.42 crore in the quarter ended September 2024 as against Rs 581.81 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales527.42581.81 -9 OPM %24.4031.04 - PBDT134.47175.54 -23 PBT121.77163.58 -26 NP78.19112.62 -31 Powered by Capital Market - Live

Ramky Infrastructure will hold a meeting of the Board of Directors of the Company on 13 November 2024Powered by Capital Market - Live

Ramky Infrastructure announced that the Annual General Meeting (AGM) of the company will be held on 26 September 2024.Powered by Capital Market - Live

Net profit of Ramky Infrastructure declined 33.31% to Rs 67.58 crore in the quarter ended June 2024 as against Rs 101.34 crore during the previous quarter ended June 2023. Sales rose 2.21% to Rs 569.13 crore in the quarter ended June 2024 as against Rs 556.80 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales569.13556.80 2 OPM %20.4028.20 - PBDT123.10154.42 -20 PBT110.60143.09 -23 NP67.58101.34 -33 Powered by Capital Market - Live

Ramky Infrastructure will hold a meeting of the Board of Directors of the Company on 13 August 2024.Powered by Capital Market - Live