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S&P Global ratings last week said that Vedanta's credit rating may come under pressure if it does not raise $ 2 billion or sell its zinc assets.

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1.56 crore shares may be placed on the market by the promoters, with a floor price of Rs 1,875 per share.

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Sterling lost 0.19% to $1.2015 after losing more than 1% the day before.

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According to the SBI website, the bank raised its overnight lending rate, which is based on the marginal cost of funds, by 10 basis points to 7.95%.

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Windfall tax on domestically produced crude oil reduced to Rs 4350/ tonne.

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IEA has increased 2023 demand forecast by 2 million barrels per day.

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Tech Mahindra (+5.55%) is the top gainer , registering over a 5% uptick.

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Estimated bauxite deposits of the block is 311 million tonnes.

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One factor that truly captures the retail spread and is also not vulnerable to index movements is the growth in folios.

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The company has 22 hotels covering 2,000 rooms currently and it will add another 2,000 keys to take the number of hotels to 40 in the next four years.

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