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Shares of Mankind Pharma ended 0.2% lower at ₹2,452.00 per share. 

Suvankar Sen, MD and CEO of Senco Gold, pointed out that while Q1 saw a slowdown in diamond jewellery sales due to factors like elections and heatwaves, the upcoming wedding and festive season has reignited consumer interest.

Shares of Reliance Power rose 1% to end at ₹31.41 on NSE on Tuesday.

Aditya Birla Capital has received a ‘no objection’ letter from the Reserve Bank of India for the proposed amalgamation of Aditya Birla Finance Ltd with the parent company.

In a major move, Reliance Infrastructure Ltd and Reliance Power Ltd have slashed their combined debt by ₹7,220 crore. Reliance Infrastructure reduced its external debt from ₹3,831 crore to ₹475 crore, aided by securities novation and debt settlement with lenders.

The Nifty Bank is now just 250 points away from reclaiming the 53,000 mark and has gained over 1,600 points in the last five trading sessions.

With this transaction, Nazara’s total ownership in Absolute Sports increases to 91%, further solidifying its leadership position in the sports media landscape.

The contracts involve providing comprehensive water and environment management solutions for two 800 MW units at Adani’s Raipur and Raigarh ultra-superpower projects. Shares of Ion Exchange (India) Ltd ended at ₹646.35, down by ₹10.45, or 1.59%, on the BSE.

Nippon Life India Asset Management has appointed Parag Joglekar as Chief Financial Officer effective 19 September 2024. Interim CFO Amol Bilagi will continue as Deputy CFO following the transition.

Top stocks to watch out for on September 18: Life Insurance Corporation of India (LIC), Tata Power, Jupiter Wagons, IHCL and more stocks will be in focus when the markets open on Wednesday.