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Retail book size at Rs 61,053 crore, up 35%. Retail portfolio mix at 75% in the fourth quarter compared with 51% in the year-ago period.

The Dow Jones Industrial Average fell 28.73 points, or 0.08%, at the open to 33,797.43.

Net interest income for the quarter stood at Rs 1,723 crore, which is higher by 13% YoY. Meanwhile, total income rose 24% YoY to Rs 3,057 crore for the reporting period.

ICICI Direct expects the ongoing rally in the Indian market, which has managed to hold the March low of 16,800, to move gradually towards 18,300-18500 by May with strong support at 17,200. The buy-on-dips approach with focus on midcaps is recommended for investors. Although the indices are stable, Sensex and Nifty are trading in red on a year-to-date basis, down 0.5% and 1.2%, respectively. Key risks to the expected rally in the coming months are global events leading to volatility. The top picks of the brokerage for May are HDFC Bank, IndusInd Bank, BEL, NHPC, Coal India, ITC and Asian Paints.

The operating expense to GWP ratio was at a healthy 15.9% in FY23 versus 16.0% in FY22. At 2.14x, the company registered a robust solvency ratio for the year, higher than the minimum regulatory requirement of 1.5x, Star Health said.

​The Covid-19 lockdowns hit contact services the worst. A big victim was the hospitality sector, which saw its revenue dry up.

Equity benchmark Sensex climbed over 460 points to reclaim the 61,000 mark while the Nifty closed above the 18k level on Friday, propelled by robust buying in index majors Reliance Industries and ITC amid fresh foreign fund inflows.

Nifty crossed the 18,000 mark and formed a green candle with minor lower shadow, indicating a continuation of upside momentum. The momentum oscillator RSI (14) readings on the daily charts reached 70 and are now in the overbought zone. The short-term uptrend of Nifty remains intact with the market expected to reach the next resistance of 18,200-18,300 levels in the next week. The Open Interest data of Nifty indicates the Nifty Index still has a lot of open interest at the 18000 straddle level, so a runaway rally may not take place from here.

New Delhi, Apr 28 (PTI) Gold price declined Rs 420 to Rs 59,980 per 10 grams in the national capital on Friday amid weak global cues, according to HDFC Securities. The precious metal had settled at Rs 60,400 per 10 grams in the previous trade. Silver also tumbled Rs 570 to Rs 74,600 per kg.

On the technical charts, the RSI of the stock stood at 44.44.