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RR Kabel shares listed at a 14% premium over the issue price, but analysts are cautious on the upside for the stock, given its subdued financials and a large OFS portion.

The Indian benchmark indices ended lower on September 18, 2023, in a volatile session, tracking weak global cues. The market is expected to remain volatile in the near term, ahead of the outcome of the US Federal Reserve meeting on September 20, 2023. Investors are advised to be cautious and trade with a stop loss in place.

Amazon opened its largest last-mile delivery center in Latin America in Mexico City. The 30,000 square meter facility will help Amazon to offer faster deliveries to customers in the city. Amazon has been investing heavily in Mexico in recent years, and the new delivery center is part of that effort. The company has already invested $3 billion in Mexico, and it employs more than 8,000 people directly and another 32,000 indirectly.

Ukrainian President Volodymyr Zelenskyy is expected to visit the United States to seek more military and humanitarian aid for his country, which is fighting a bloody war against Russia. The trip comes as Congress is debating providing as much as $21 billion in aid to Ukraine.

the industrial output growth in July is a positive sign, but economists will be closely monitoring the manufacturing sector in the coming months to get a better sense of the overall health of the Indian economy.

The Nifty50 saw a minor reversal on Tuesday, closing with a loss of 3 points. Experts said that a decline below 19,850 levels could confirm a short-term top reversal pattern. Bank Nifty also saw profit-taking, closing with a loss of 59 points.

Indian equity markets hit a record high on September 11, 2023, driven by strong buying across all sectors. Analysts expect the market to continue to rise in the near term, citing strong economic growth and positive earnings outlook as key drivers.

The rupee closed almost flat against the US dollar, weighed by elevated crude oil prices and global inflation worries. The currency could benefit from a weak US dollar and positive domestic equities, but it is likely to remain under pressure from these factors. Here are the key takeaways: Rupee closed almost flat against US dollar. Rupee could benefit from weak US dollar. Rupee likely to remain under pressure from elevated crude oil prices and global inflation worries.

Byju's, India's most valuable startup, has offered to repay its $1.2 billion loan in under six months. The company has proposed repaying $300 million in the next three months, and the lenders are evaluating the proposal. If Byju's is able to repay the loan, it will help to improve its financial health and boost investor confidence.

Intel Technology India Pvt Ltd, a subsidiary of Intel Corporation, has leased 11,536 square feet of data center space in a building in Bengaluru for three years from Hyderabad-headquartered CtrlS Data Centers Ltd. The lease and licence agreement was signed on July 18, 2023. The data center space is located in Bangalore DC1, a Tier-III