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The stock traded at a P/E multiple of 78.15, while the price-to-book value ratio stood at 11.24.

On the technical charts, the RSI of the stock stood at 69.56.

The regulator also allowed taking insurance cover for invoicing facilities on the TReDS platform which would aid financiers to hedge default risks.

The Board of Titagarh Wagons is scheduled to meet on June 10 to consider and approve a proposal to raise funds by issue equity of shares or other securities including through preferential issue.

Oil prices were stable on Wednesday with Brent crude futures up 0.1% to $76.38 a barrel and US West Texas Intermediate futures up 0.2% to $71.85 a barrel. Despite a surprise cut in oil production on Sunday by Saudi Arabia of 1 million barrels per day (bpd), easing discrepancies in supply, growing concerns regarding slow global economic growth are putting a cap on prices. According to Hiroyuki Kikukawa, president of NS Trading, the market is reluctant to take new positions due to mixed economic indicators for China and the United States. The US Energy Information Administration claims that US crude oil production for this year will rise faster; however, reducing US crude stocks also helped the oil market on Tuesday.

The loans pertained to various banks, and the nature of the obligation is fund-based working capital, non-fund-based working capital, term loans and FCCB (foreign currency convertible bonds).

Overseas investors bought shares of financial services firms worth ₹17,671 crore in May, their highest monthly purchase in the sector in the last 29 months, according to Primeinfobase.com data. They purchased auto and auto components shares worth ₹8,700 crore, the highest monthly buy in over 10 years. FPIs bought shares worth ₹41,207 crore in May, the data showed.

HSBC carried out its first rupee non-deliverable options trade with Reliance Industries, while executing non-deliverable forward transactions with other counterparties.

Both the bond issues of REC have base sizes of ₹500 crore and additional subscription options of ₹2,500 crore each, sources said. One of the bonds is set to mature on April 30, 2026, and the other on June 30, 2028, they said.

Ashish Kacholia, a well-known investor, has sold a partial stake in D-link India through open-market transactions. The investor sold around 1.94 lakh shares (0.54%) of the company, reducing his stake from 2.11% in March. Kacholia has a varied portfolio that includes the hospitality, education, infra, and manufacturing sectors