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Nifty today formed a bullish hammer pattern on the daily chart while a bear candle with upper and lower shadows were seen on the weekly scale. Normally formation of such hammer patterns post a reasonable decline signal possible reversal on the upside post confirmation, said Nagaraj Shetti of HDFC Securities. However, a decisive move above 18450 levels is likely to negate the bearish effect of this pattern, he said.

Indian equities snapped their three days long losing streak and ended on a positive note. At the close, Nifty gained 73 odd points and settled at 18,200 levels.

The Nifty IT index closed 1.47 per cent up at 28303.65.

Net Interest Income (NII), the difference between interest earned and interest expended, grew by nearly 19% sequentially to Rs 2,472 crore. Non-interest income declined by 39% quarter-on-quarter (QoQ) to Rs 629 crore for the quarter.

The Indian rupee weakened against the U.S. dollar this week, as hopes for a breakthrough in U.S. debt ceiling talks lifted the dollar index to over 8-week highs. The local currency hit its lowest level since March 16 at 82.8010 earlier in the session.

Banks and insurance companies are yet upload or share the details with this central database, wherein it can be smoothly as an individual then go to buy an insurance policy.

The Indian equity markets closed higher on Friday after a volatile session, led by stocks of Reliance Industries, ICICI Bank, and IT companies. The benchmark S&P BSE Sensex rose 298 points or 0.48% to settle at 61,729. The blue-chip Nifty 50 index gained 73 points or 0.41% to end at 18,203. From the Sensex pack, Tata Motors, Tech Mahindra, and Infosys were the top performers

The Indian equity market has undergone a significant transformation over the last decade, with increased liquidity and participation from domestic and foreign institutional investors. This has helped improve the efficiency and accessibility of the market for investors.

8 stocks may be recategorised as midcaps.

Hemant Surgical is planning to issue fresh equity shares of up to 27.6 lakh at a price band of Rs 85-90 per share. The company has reserved 35% of the issue for retail investors. The company has fixed QIB quota at 50% and NII quota at 15%. The GMP of the issue is expected to be around Rs 7. The company intends to use the net proceeds for funding capital expenditure towards installation of additional plant and machinery, meeting working capital requirements