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Thursday is likely to see the levels of 16,110 and 16,220 acting as potential resistance levels. The supports come in at 15,940 and 15,850 levels. The trading range is expected to get a bit wider as well.

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Balrampur Chini Mills was down another 9 per cent, Dhampur Sugar fell 5 per cent, Shree Renuka Sugars 6 per cent, Uttam Sugar 9 per cent, Praj Industries 8 per cent, and Andhra Sugar 8 per cent, among others.

GIFT City: NDF trades surge bringing relief for RBI

Updated at : 2022-05-25 21:20:02

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While the monthly volume at the GIFT City International Financial Services Centre (IFSC) may just be equal to the daily volume in the cash market, it has provided a cushion for the central bank to smoothen currency volatility with local banks doing their bit to counter international investor actions.

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The company said its adjusted operating profit improved to $12.0 million in quarter four of 2022 versus $11.1 million in quarter four of 2021. Adjusted operating profit increased to $23.2 million for the financial year 2022 versus an adjusted operating loss of $18.0 million for the financial year 2021.

Torrent Pharma post Rs 118 crore net loss in Q4FY22

Updated at : 2022-05-25 21:20:02

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The earnings before interest, tax, depreciation and amortisation (EBITDA) margins dropped 300 basis points YoY to 29% in Q1FY22.

​​ The order came after Standard Chartered Bank (SCB) approached Sebi proposing to settle the case pertaining to alleged violations of PFUTP (Prohibition of Fraudulent and Unfair Trade Practices) rules "without admitting or denying the findings of fact and conclusions of law", through a settlement order.

According to a survey by S&P, more than 75 per cent of Indian adults do not adequately understand basic financial concepts. The gap is more when it comes to women, standing at 80%.

Gold marginally lower; silver gains Rs 101

Updated at : 2022-05-25 20:20:02

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In the international market, gold was trading lower at USD 1,857 per ounce and silver dipped marginally to USD 21.91 per ounce.Silver, however, gained Rs 101 to Rs 61,567 per kg from Rs 61,466 per kg in the previous trade.

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Gross bookings in FY22 grew by 95.9 per cent to USD 3.2 billion as compared to USD 1.6 billion in FY21, it said.Commenting on the performance, MakeMyTrip Group Chief Executive Officer Rajesh Magow said, "Our long-term cost rationalisation helped us post full year adjusted operating profit of USD 23.2 million and Q4 adjusted operating profit of USD 12 million in a year

The private sector lender, with a market capitalization of more than Rs 7.3 lakh crore, hit a 52-week high of Rs 1,724 in October 2021 but soon lost momentum and breached its crucial 50-SMA placed around Rs 1,500 levels in November 2021.

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