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IndiaTV Business: Google News Feed: Digest for November 03, 2023

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Stock markets update: Equity benchmark indices climbed over 300 points in early trade on Tuesday but soon turned volatile as investors retreated to the sidelines amid unabated foreign fund outflows and escalating tensions in the Middle East. Besides, investor sentiments were cautious ahead of the US Federal Reserve's interest rate decision, traders said.
Reliance Industries Limited on Tuesday launched Jio World Plaza (JWP), setting new standards for top-end retail and entertainment experiences in India. 
The e-commerce industry has been on an upward growth trajectory, all thanks to their unique growth strategy which led to mass adoption. The widespread availability of the Internet coupled with factors like competitive pricing and hyper-personalisation are the key drivers of the growth and evolution of e-commerce. However, the proliferation of smartphones has considerably altered the landscape of online shopping. 
Specialty chemicals maker Vikas Ecotech has announced the acquisition of Vikas Organics for a cash consideration of Rs 27 crore. According to an exchange filing, the Delhi-based recycling major acquired a 100 per cent stake in Vikas Organics which is into manufacturing of plasticisers.
The automobile industry has reported a sharp jump in sales owing to a rise in disposable income and also with the onset of the festivities. This has led to a sharp uptick in manufacturing activities with the forging sector witnessing a jump in demand. Also, the rise in metal prices in the domestic market has also boosted the forging industry's topline. 
Equity benchmark indices declined in early trade on Wednesday due to weakness in banking, financial and metal stocks amid unabated foreign fund outflows. Investors preferred to remain on the sidelines ahead of the US Federal Reserve's interest rate decision, traders said.
The Goods and Services Tax (GST) collection for the month of October 2023 has achieved a milestone, reaching an impressive ₹1.72 lakh crore. This substantial revenue collection stands as the second-highest ever recorded, following April 2023, and it exhibits a remarkable year-on-year growth of 13%, according to the Ministry of Finance.
In a day marked by fluctuations and mixed sentiment, the stock markets experienced a decline as the Sensex and Nifty closed in the red. The BSE Sensex, India's benchmark stock index, registered a drop of 283.60 points, ending the trading session at 63,591.33. Similarly, the NSE Nifty 50, which tracks the performance of the National Stock Exchange, fell by 90.45 points to close at 18,989.15. This downtrend follows several sessions of gains and record-breaking highs.
The Reserve Bank of India (RBI) on Wednesdays said more than 97 per cent of the Rs 2,000 banknotes in circulation have been returned to the banking system. The Central Bank cited only Rs 10,000 crore worth of such notes are still with the public.

Multibagger stock announces bonus and dividend; fixes record date

Wednesday 01 November 2023 03:34 PM UTC+00
Bonus and dividends are corporate events that listed companies on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) announce in a bid to reward their investors. The year 2023 has seen a flurry of such announcements. IFL Enterprises, which is a multibagger stock, has also announced a double bonanza for its investors. 
Reliance Industries Limited on Tuesday launched Jio World Plaza (JWP), setting new standards for top-end retail and entertainment experiences in India. 
The e-commerce industry has been on an upward growth trajectory, all thanks to their unique growth strategy which led to mass adoption. The widespread availability of the Internet coupled with factors like competitive pricing and hyper-personalisation are the key drivers of the growth and evolution of e-commerce. However, the proliferation of smartphones has considerably altered the landscape of online shopping. 
Specialty chemicals maker Vikas Ecotech has announced the acquisition of Vikas Organics for a cash consideration of Rs 27 crore. According to an exchange filing, the Delhi-based recycling major acquired a 100 per cent stake in Vikas Organics which is into manufacturing of plasticisers.
The automobile industry has reported a sharp jump in sales owing to a rise in disposable income and also with the onset of the festivities. This has led to a sharp uptick in manufacturing activities with the forging sector witnessing a jump in demand. Also, the rise in metal prices in the domestic market has also boosted the forging industry's topline. 
Equity benchmark indices declined in early trade on Wednesday due to weakness in banking, financial and metal stocks amid unabated foreign fund outflows. Investors preferred to remain on the sidelines ahead of the US Federal Reserve's interest rate decision, traders said.
The Goods and Services Tax (GST) collection for the month of October 2023 has achieved a milestone, reaching an impressive ₹1.72 lakh crore. This substantial revenue collection stands as the second-highest ever recorded, following April 2023, and it exhibits a remarkable year-on-year growth of 13%, according to the Ministry of Finance.
In a day marked by fluctuations and mixed sentiment, the stock markets experienced a decline as the Sensex and Nifty closed in the red. The BSE Sensex, India's benchmark stock index, registered a drop of 283.60 points, ending the trading session at 63,591.33. Similarly, the NSE Nifty 50, which tracks the performance of the National Stock Exchange, fell by 90.45 points to close at 18,989.15. This downtrend follows several sessions of gains and record-breaking highs.
The Reserve Bank of India (RBI) on Wednesdays said more than 97 per cent of the Rs 2,000 banknotes in circulation have been returned to the banking system. The Central Bank cited only Rs 10,000 crore worth of such notes are still with the public.

Multibagger stock announces bonus and dividend; fixes record date

Wednesday 01 November 2023 03:34 PM UTC+00
Bonus and dividends are corporate events that listed companies on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) announce in a bid to reward their investors. The year 2023 has seen a flurry of such announcements. IFL Enterprises, which is a multibagger stock, has also announced a double bonanza for its investors. 

RBI appoints Manoranjan Mishra as new Executive Director

Thursday 02 November 2023 01:55 AM UTC+00
Reserve Bank of India news: The Reserve Bank of India (RBI) on Wednesday (November 1) said it has appointed Manoranjan Mishra as Executive Director. As the Executive Director (ED), Mishra will look after the Enforcement Department, Risk Monitoring Department, and Department of External Investments & Operations.
The e-commerce industry has been on an upward growth trajectory, all thanks to their unique growth strategy which led to mass adoption. The widespread availability of the Internet coupled with factors like competitive pricing and hyper-personalisation are the key drivers of the growth and evolution of e-commerce. However, the proliferation of smartphones has considerably altered the landscape of online shopping. 
Specialty chemicals maker Vikas Ecotech has announced the acquisition of Vikas Organics for a cash consideration of Rs 27 crore. According to an exchange filing, the Delhi-based recycling major acquired a 100 per cent stake in Vikas Organics which is into manufacturing of plasticisers.
The automobile industry has reported a sharp jump in sales owing to a rise in disposable income and also with the onset of the festivities. This has led to a sharp uptick in manufacturing activities with the forging sector witnessing a jump in demand. Also, the rise in metal prices in the domestic market has also boosted the forging industry's topline. 
Equity benchmark indices declined in early trade on Wednesday due to weakness in banking, financial and metal stocks amid unabated foreign fund outflows. Investors preferred to remain on the sidelines ahead of the US Federal Reserve's interest rate decision, traders said.
The Goods and Services Tax (GST) collection for the month of October 2023 has achieved a milestone, reaching an impressive ₹1.72 lakh crore. This substantial revenue collection stands as the second-highest ever recorded, following April 2023, and it exhibits a remarkable year-on-year growth of 13%, according to the Ministry of Finance.
In a day marked by fluctuations and mixed sentiment, the stock markets experienced a decline as the Sensex and Nifty closed in the red. The BSE Sensex, India's benchmark stock index, registered a drop of 283.60 points, ending the trading session at 63,591.33. Similarly, the NSE Nifty 50, which tracks the performance of the National Stock Exchange, fell by 90.45 points to close at 18,989.15. This downtrend follows several sessions of gains and record-breaking highs.
The Reserve Bank of India (RBI) on Wednesdays said more than 97 per cent of the Rs 2,000 banknotes in circulation have been returned to the banking system. The Central Bank cited only Rs 10,000 crore worth of such notes are still with the public.

Multibagger stock announces bonus and dividend; fixes record date

Wednesday 01 November 2023 03:34 PM UTC+00
Bonus and dividends are corporate events that listed companies on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) announce in a bid to reward their investors. The year 2023 has seen a flurry of such announcements. IFL Enterprises, which is a multibagger stock, has also announced a double bonanza for its investors. 

RBI appoints Manoranjan Mishra as new Executive Director

Thursday 02 November 2023 01:55 AM UTC+00
Reserve Bank of India news: The Reserve Bank of India (RBI) on Wednesday (November 1) said it has appointed Manoranjan Mishra as Executive Director. As the Executive Director (ED), Mishra will look after the Enforcement Department, Risk Monitoring Department, and Department of External Investments & Operations.
Stock Markets: After two days of decline, Equity benchmark indices rebounded nearly 1 per cent in early trade on Thursday following a rally in global markets amid the US Fed keeping rates unchanged. The 30-share BSE Sensex jumped 593.8 points to 64,185.13 in early trade. The Nifty climbed 179.3 points to 19,168.45.
Specialty chemicals maker Vikas Ecotech has announced the acquisition of Vikas Organics for a cash consideration of Rs 27 crore. According to an exchange filing, the Delhi-based recycling major acquired a 100 per cent stake in Vikas Organics which is into manufacturing of plasticisers.
The automobile industry has reported a sharp jump in sales owing to a rise in disposable income and also with the onset of the festivities. This has led to a sharp uptick in manufacturing activities with the forging sector witnessing a jump in demand. Also, the rise in metal prices in the domestic market has also boosted the forging industry's topline. 
Equity benchmark indices declined in early trade on Wednesday due to weakness in banking, financial and metal stocks amid unabated foreign fund outflows. Investors preferred to remain on the sidelines ahead of the US Federal Reserve's interest rate decision, traders said.
The Goods and Services Tax (GST) collection for the month of October 2023 has achieved a milestone, reaching an impressive ₹1.72 lakh crore. This substantial revenue collection stands as the second-highest ever recorded, following April 2023, and it exhibits a remarkable year-on-year growth of 13%, according to the Ministry of Finance.
In a day marked by fluctuations and mixed sentiment, the stock markets experienced a decline as the Sensex and Nifty closed in the red. The BSE Sensex, India's benchmark stock index, registered a drop of 283.60 points, ending the trading session at 63,591.33. Similarly, the NSE Nifty 50, which tracks the performance of the National Stock Exchange, fell by 90.45 points to close at 18,989.15. This downtrend follows several sessions of gains and record-breaking highs.
The Reserve Bank of India (RBI) on Wednesdays said more than 97 per cent of the Rs 2,000 banknotes in circulation have been returned to the banking system. The Central Bank cited only Rs 10,000 crore worth of such notes are still with the public.

Multibagger stock announces bonus and dividend; fixes record date

Wednesday 01 November 2023 03:34 PM UTC+00
Bonus and dividends are corporate events that listed companies on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) announce in a bid to reward their investors. The year 2023 has seen a flurry of such announcements. IFL Enterprises, which is a multibagger stock, has also announced a double bonanza for its investors. 

RBI appoints Manoranjan Mishra as new Executive Director

Thursday 02 November 2023 01:55 AM UTC+00
Reserve Bank of India news: The Reserve Bank of India (RBI) on Wednesday (November 1) said it has appointed Manoranjan Mishra as Executive Director. As the Executive Director (ED), Mishra will look after the Enforcement Department, Risk Monitoring Department, and Department of External Investments & Operations.
Stock Markets: After two days of decline, Equity benchmark indices rebounded nearly 1 per cent in early trade on Thursday following a rally in global markets amid the US Fed keeping rates unchanged. The 30-share BSE Sensex jumped 593.8 points to 64,185.13 in early trade. The Nifty climbed 179.3 points to 19,168.45.
The Reserve Bank of India (RBI) stated that people can send their Rs 2,000 banknotes to its specified regional office through the insured post for credit in their bank accounts. This is a hassle-free option for the people who are away from the regional offices of the Reserve Bank. Additionally, the RBI is providing Triple Lock Receptacle(TLR) forms to individuals for a deposit of Rs 2,000 currency notes in their bank account. 
The automobile industry has reported a sharp jump in sales owing to a rise in disposable income and also with the onset of the festivities. This has led to a sharp uptick in manufacturing activities with the forging sector witnessing a jump in demand. Also, the rise in metal prices in the domestic market has also boosted the forging industry's topline. 
Equity benchmark indices declined in early trade on Wednesday due to weakness in banking, financial and metal stocks amid unabated foreign fund outflows. Investors preferred to remain on the sidelines ahead of the US Federal Reserve's interest rate decision, traders said.
The Goods and Services Tax (GST) collection for the month of October 2023 has achieved a milestone, reaching an impressive ₹1.72 lakh crore. This substantial revenue collection stands as the second-highest ever recorded, following April 2023, and it exhibits a remarkable year-on-year growth of 13%, according to the Ministry of Finance.
In a day marked by fluctuations and mixed sentiment, the stock markets experienced a decline as the Sensex and Nifty closed in the red. The BSE Sensex, India's benchmark stock index, registered a drop of 283.60 points, ending the trading session at 63,591.33. Similarly, the NSE Nifty 50, which tracks the performance of the National Stock Exchange, fell by 90.45 points to close at 18,989.15. This downtrend follows several sessions of gains and record-breaking highs.
The Reserve Bank of India (RBI) on Wednesdays said more than 97 per cent of the Rs 2,000 banknotes in circulation have been returned to the banking system. The Central Bank cited only Rs 10,000 crore worth of such notes are still with the public.

Multibagger stock announces bonus and dividend; fixes record date

Wednesday 01 November 2023 03:34 PM UTC+00
Bonus and dividends are corporate events that listed companies on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) announce in a bid to reward their investors. The year 2023 has seen a flurry of such announcements. IFL Enterprises, which is a multibagger stock, has also announced a double bonanza for its investors. 

RBI appoints Manoranjan Mishra as new Executive Director

Thursday 02 November 2023 01:55 AM UTC+00
Reserve Bank of India news: The Reserve Bank of India (RBI) on Wednesday (November 1) said it has appointed Manoranjan Mishra as Executive Director. As the Executive Director (ED), Mishra will look after the Enforcement Department, Risk Monitoring Department, and Department of External Investments & Operations.
Stock Markets: After two days of decline, Equity benchmark indices rebounded nearly 1 per cent in early trade on Thursday following a rally in global markets amid the US Fed keeping rates unchanged. The 30-share BSE Sensex jumped 593.8 points to 64,185.13 in early trade. The Nifty climbed 179.3 points to 19,168.45.
The Reserve Bank of India (RBI) stated that people can send their Rs 2,000 banknotes to its specified regional office through the insured post for credit in their bank accounts. This is a hassle-free option for the people who are away from the regional offices of the Reserve Bank. Additionally, the RBI is providing Triple Lock Receptacle(TLR) forms to individuals for a deposit of Rs 2,000 currency notes in their bank account. 
In a display of resilience and positive market sentiment, the Indian stock markets opened the week on a high note, with the Nifty index hovering around the 19,150 mark and the Sensex surging by 490 points. The strong opening came on the back of favorable global cues, positive corporate earnings, and an overall optimistic economic outlook.
The automobile industry has reported a sharp jump in sales owing to a rise in disposable income and also with the onset of the festivities. This has led to a sharp uptick in manufacturing activities with the forging sector witnessing a jump in demand. Also, the rise in metal prices in the domestic market has also boosted the forging industry's topline. 
Equity benchmark indices declined in early trade on Wednesday due to weakness in banking, financial and metal stocks amid unabated foreign fund outflows. Investors preferred to remain on the sidelines ahead of the US Federal Reserve's interest rate decision, traders said.
The Goods and Services Tax (GST) collection for the month of October 2023 has achieved a milestone, reaching an impressive ₹1.72 lakh crore. This substantial revenue collection stands as the second-highest ever recorded, following April 2023, and it exhibits a remarkable year-on-year growth of 13%, according to the Ministry of Finance.
In a day marked by fluctuations and mixed sentiment, the stock markets experienced a decline as the Sensex and Nifty closed in the red. The BSE Sensex, India's benchmark stock index, registered a drop of 283.60 points, ending the trading session at 63,591.33. Similarly, the NSE Nifty 50, which tracks the performance of the National Stock Exchange, fell by 90.45 points to close at 18,989.15. This downtrend follows several sessions of gains and record-breaking highs.
The Reserve Bank of India (RBI) on Wednesdays said more than 97 per cent of the Rs 2,000 banknotes in circulation have been returned to the banking system. The Central Bank cited only Rs 10,000 crore worth of such notes are still with the public.

Multibagger stock announces bonus and dividend; fixes record date

Wednesday 01 November 2023 03:34 PM UTC+00
Bonus and dividends are corporate events that listed companies on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) announce in a bid to reward their investors. The year 2023 has seen a flurry of such announcements. IFL Enterprises, which is a multibagger stock, has also announced a double bonanza for its investors. 

RBI appoints Manoranjan Mishra as new Executive Director

Thursday 02 November 2023 01:55 AM UTC+00
Reserve Bank of India news: The Reserve Bank of India (RBI) on Wednesday (November 1) said it has appointed Manoranjan Mishra as Executive Director. As the Executive Director (ED), Mishra will look after the Enforcement Department, Risk Monitoring Department, and Department of External Investments & Operations.
Stock Markets: After two days of decline, Equity benchmark indices rebounded nearly 1 per cent in early trade on Thursday following a rally in global markets amid the US Fed keeping rates unchanged. The 30-share BSE Sensex jumped 593.8 points to 64,185.13 in early trade. The Nifty climbed 179.3 points to 19,168.45.
The Reserve Bank of India (RBI) stated that people can send their Rs 2,000 banknotes to its specified regional office through the insured post for credit in their bank accounts. This is a hassle-free option for the people who are away from the regional offices of the Reserve Bank. Additionally, the RBI is providing Triple Lock Receptacle(TLR) forms to individuals for a deposit of Rs 2,000 currency notes in their bank account. 
In a display of resilience and positive market sentiment, the Indian stock markets opened the week on a high note, with the Nifty index hovering around the 19,150 mark and the Sensex surging by 490 points. The strong opening came on the back of favorable global cues, positive corporate earnings, and an overall optimistic economic outlook.
The automobile industry has reported a sharp jump in sales owing to a rise in disposable income and also with the onset of the festivities. This has led to a sharp uptick in manufacturing activities with the forging sector witnessing a jump in demand. Also, the rise in metal prices in the domestic market has also boosted the forging industry's topline. 
Equity benchmark indices declined in early trade on Wednesday due to weakness in banking, financial and metal stocks amid unabated foreign fund outflows. Investors preferred to remain on the sidelines ahead of the US Federal Reserve's interest rate decision, traders said.
The Goods and Services Tax (GST) collection for the month of October 2023 has achieved a milestone, reaching an impressive ₹1.72 lakh crore. This substantial revenue collection stands as the second-highest ever recorded, following April 2023, and it exhibits a remarkable year-on-year growth of 13%, according to the Ministry of Finance.
In a day marked by fluctuations and mixed sentiment, the stock markets experienced a decline as the Sensex and Nifty closed in the red. The BSE Sensex, India's benchmark stock index, registered a drop of 283.60 points, ending the trading session at 63,591.33. Similarly, the NSE Nifty 50, which tracks the performance of the National Stock Exchange, fell by 90.45 points to close at 18,989.15. This downtrend follows several sessions of gains and record-breaking highs.
The Reserve Bank of India (RBI) on Wednesdays said more than 97 per cent of the Rs 2,000 banknotes in circulation have been returned to the banking system. The Central Bank cited only Rs 10,000 crore worth of such notes are still with the public.

Multibagger stock announces bonus and dividend; fixes record date

Wednesday 01 November 2023 03:34 PM UTC+00
Bonus and dividends are corporate events that listed companies on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) announce in a bid to reward their investors. The year 2023 has seen a flurry of such announcements. IFL Enterprises, which is a multibagger stock, has also announced a double bonanza for its investors. 

RBI appoints Manoranjan Mishra as new Executive Director

Thursday 02 November 2023 01:55 AM UTC+00
Reserve Bank of India news: The Reserve Bank of India (RBI) on Wednesday (November 1) said it has appointed Manoranjan Mishra as Executive Director. As the Executive Director (ED), Mishra will look after the Enforcement Department, Risk Monitoring Department, and Department of External Investments & Operations.
Stock Markets: After two days of decline, Equity benchmark indices rebounded nearly 1 per cent in early trade on Thursday following a rally in global markets amid the US Fed keeping rates unchanged. The 30-share BSE Sensex jumped 593.8 points to 64,185.13 in early trade. The Nifty climbed 179.3 points to 19,168.45.
The Reserve Bank of India (RBI) stated that people can send their Rs 2,000 banknotes to its specified regional office through the insured post for credit in their bank accounts. This is a hassle-free option for the people who are away from the regional offices of the Reserve Bank. Additionally, the RBI is providing Triple Lock Receptacle(TLR) forms to individuals for a deposit of Rs 2,000 currency notes in their bank account. 
In a display of resilience and positive market sentiment, the Indian stock markets opened the week on a high note, with the Nifty index hovering around the 19,150 mark and the Sensex surging by 490 points. The strong opening came on the back of favorable global cues, positive corporate earnings, and an overall optimistic economic outlook.
The automobile industry has reported a sharp jump in sales owing to a rise in disposable income and also with the onset of the festivities. This has led to a sharp uptick in manufacturing activities with the forging sector witnessing a jump in demand. Also, the rise in metal prices in the domestic market has also boosted the forging industry's topline. 
Equity benchmark indices declined in early trade on Wednesday due to weakness in banking, financial and metal stocks amid unabated foreign fund outflows. Investors preferred to remain on the sidelines ahead of the US Federal Reserve's interest rate decision, traders said.
The Goods and Services Tax (GST) collection for the month of October 2023 has achieved a milestone, reaching an impressive ₹1.72 lakh crore. This substantial revenue collection stands as the second-highest ever recorded, following April 2023, and it exhibits a remarkable year-on-year growth of 13%, according to the Ministry of Finance.
In a day marked by fluctuations and mixed sentiment, the stock markets experienced a decline as the Sensex and Nifty closed in the red. The BSE Sensex, India's benchmark stock index, registered a drop of 283.60 points, ending the trading session at 63,591.33. Similarly, the NSE Nifty 50, which tracks the performance of the National Stock Exchange, fell by 90.45 points to close at 18,989.15. This downtrend follows several sessions of gains and record-breaking highs.
The Reserve Bank of India (RBI) on Wednesdays said more than 97 per cent of the Rs 2,000 banknotes in circulation have been returned to the banking system. The Central Bank cited only Rs 10,000 crore worth of such notes are still with the public.

Multibagger stock announces bonus and dividend; fixes record date

Wednesday 01 November 2023 03:34 PM UTC+00
Bonus and dividends are corporate events that listed companies on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) announce in a bid to reward their investors. The year 2023 has seen a flurry of such announcements. IFL Enterprises, which is a multibagger stock, has also announced a double bonanza for its investors. 

RBI appoints Manoranjan Mishra as new Executive Director

Thursday 02 November 2023 01:55 AM UTC+00
Reserve Bank of India news: The Reserve Bank of India (RBI) on Wednesday (November 1) said it has appointed Manoranjan Mishra as Executive Director. As the Executive Director (ED), Mishra will look after the Enforcement Department, Risk Monitoring Department, and Department of External Investments & Operations.
Stock Markets: After two days of decline, Equity benchmark indices rebounded nearly 1 per cent in early trade on Thursday following a rally in global markets amid the US Fed keeping rates unchanged. The 30-share BSE Sensex jumped 593.8 points to 64,185.13 in early trade. The Nifty climbed 179.3 points to 19,168.45.
The Reserve Bank of India (RBI) stated that people can send their Rs 2,000 banknotes to its specified regional office through the insured post for credit in their bank accounts. This is a hassle-free option for the people who are away from the regional offices of the Reserve Bank. Additionally, the RBI is providing Triple Lock Receptacle(TLR) forms to individuals for a deposit of Rs 2,000 currency notes in their bank account. 
In a display of resilience and positive market sentiment, the Indian stock markets opened the week on a high note, with the Nifty index hovering around the 19,150 mark and the Sensex surging by 490 points. The strong opening came on the back of favorable global cues, positive corporate earnings, and an overall optimistic economic outlook.
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