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Analysts tracking the stock see satellite broadband to be complementary to terrestrial services, and not disruptive.

While a rebound in megacaps like Tesla Inc. and Nvidia Corp. drove the market away from session lows, the vast majority of shares retreated. The Nasdaq 100 slid 0.3%. The Dow Jones Industrial Average sank 1.1%.

Shares of TVS Motor Company Ltd ended at ₹2,278.80, up by ₹23.00, or 1.02%, on the BSE.

Despite recent setbacks, IndusInd Bank remains financially stable, with little reason for depositors to worry. The reported accounting discrepancies are estimated to impact approximately 2.35% of the bank’s net worth and are under review by external agencies.

Shruti Shibulal, daughter of Infosys co-founder SD Shibulal, acquired ₹494 crore worth of Infosys shares in an open market transaction, even as the Nifty IT index slumped 2% amid US recession fears.

“CCI approves the proposed combination involving the acquisition of Ayana Renewable Power Pvt Ltd by ONGC NTPC Green Pvt Ltd,” the Competition Commission of India (CCI) said in a post on X.

Shares of Bharti Airtel Ltd ended at ₹1,661.20, up by ₹31.50, or 1.93%, on the BSE.

Shares of PB Fintech Ltd ended at ₹1,462.00, up by ₹36.65, or 2.57%, on the BSE.

The order came after HDFC Securities filed an application with SEBI proposing to settle the alleged violations “without admitting or denying the findings of facts and conclusions of law” through a settlement order.

Stocks to watch, Bharti Airtel, Godrej Agrovet, RVNL, Kaynes Technology, Infosys, Tamilnad Mercantile Bank, Nykaa, Canara Bank, Poly Medicure and more, these are the stocks to watch for today.