News Overview

Financials stocks were trading in green, with the S&P BSE Finance index increasing 13.8 points or 0.18% at 7550.09 at 09:51 IST.

Information Technology stocks were trading with gains, with the S&P BSE IT Sector index increasing 411.98 points or 1.17% at 35482.41 at 09:51 IST.

Banking stocks were trading in the positive zone, with the S&P BSE BANKEX index rising 201.7 points or 0.51% at 39794.65 at 09:51 IST.

The company will issue 23,01,641 equity shares at an issue price of Rs132/- per share (inclusive of premium of Rs130/- per share) aggregating to Rs30,38,16,612/- to non-promoters on a preferential basis.

Merchant dollar demand was far higher than supply as they were already anticipating a stronger dollar and hence may have been holding to long position in dollars

HDFC Bank gained 1.72% to Rs 1,421 after the Reserve Bank of India (RBI) lifted the restrictions on sourcing of new credit cards.

After opening a SOCE in Udaipur last year, this is the company’s second orthopedic specialty franchise hospital in India.

The government of India’s current shareholding is 51.45%.

From 01 March to 04 March 2022

Tata Motors Ltd has lost 18.09% over last one month compared to 13.71% fall in S&P BSE Auto index and 4.16% drop in the SENSEX