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The dollar index, which measures U.S. currency against six rivals, eased 0.058% to 102.74, not far from 102.46 - its lowest since Aug. 10 it touched on Wednesday.

Stocks that were in focus included names like Zomato, which rose 3.43%, Aster DM Healthcare, which jumped 18.14%, and Siemens, whose shares increased 1.03% on Wednesday.

Piyush Agarwal, senior managing director, Mizuho India, said the fresh capital infusion will help the bank raise corporate limits, increase loan ticket sizes and step up structured finance options instead of plain vanilla financing the bank was doing in the country so far.

The Insurance Regulatory and Development Authority of India (Irdai) has increased scrutiny on the ultimate beneficiaries in share transfers within the insurance broking sector, leading to extended approval timelines. The regulator is examining general partners (GPs), alternative investment funds (AIFs), and venture capital/private equity funds associated with these transfers.

The IREDA stock, which began the trading day at a 56% premium to the issue price at ₹50 a share, ultimately ended the day locked at the upper circuit - at ₹59.99 apiece.

According to BSE bulk deals data, Alipay Singapore Holdings, an entity of the Ant Group, sold 297 million shares at ₹112.70 per share.

The Federal Retirement Thrift Investment Board earlier this month said it is shifting the benchmark for its fund to the MSCI All Country World excluding the US, China, and Hong Kong markets from the current MSCI Europe, Australasia, and Far East (EAFE) Index.

The grey market is an unofficial and unregulated market where shares are traded even before they are listed on the main exchanges.

Piramal plans to conduct a Swiss Challenge on the initial offer and will make an announcement soon. Previously, HDFC had sold a real estate developer portfolio, including Tridhaatu Realty, to Assets Care and Reconstruction Enterprise (ACRE) ARC.

Shares of Torrent Power, NTPC and Power Finance Corp hit their lifetime highs on Wednesday, while REC hit its lifetime high earlier this month. Renewable energy player Suzlon Energy is also at a multi-year high, while Tata Power was at its highest level in more than a month.