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Both sides discussed effective regulation of ESG rating providers. They explored the scope to leverage asset management industries in favour of deeper cross border trade and investment.

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The stock closed at ₹1,077 on the NSE, down 4.75% from the previous close. More than 3.3 million shares exchanged hands on the BSE and NSE, over six times its combined average daily volume.

The company said it shifted a wider launch of a plan to crack down on unsanctioned password sharing into the second quarter to make improvements, delaying some financial benefits, but said it was pleased with results so far.

Prices got a lift from an industry report showing that U.S. crude stocks fell by about 2.68 million barrels in the week ended April 14, according to market sources citing American Petroleum Institute figures on Tuesday.

For instance, the FPI holding in construction firm NCC has increased from 8.89% in March 2022 to 19.96% in March 2023. According to Bloomberg analyst consensus estimates, the stock can yield nearly 15% in a year.

The survey showed a net 63% of investors expect a weaker economy - the most pessimistic since December 2022. This has also led to the highest allocation to bond markets, which has seen a 9 percentage points month-on-month to a net 10% under-weight - the highest since March 2009.

Revenue from operations during the quarter stood at Rs 885 crore, also down marginally as against Rs 892 crore in the year-ago period.The income from interest for the quarter came in at Rs 287 crore, up 35% year-on-year, while brokerage income stood at Rs 310 crore

This move comes after an attack by Hindenburg Research in January, which claimed high debt levels and share price manipulation. In March, the company recorded its largest port cargo volumes and handled 32 mmt of total cargo.

Indian government bond yields remained mostly unchanged as traders refrained from making big moves. Market players anticipate no significant changes and predict the benchmark bond to linger around 7.25%. The market also expects RBI to maintain its stand on the repo rate at 6.50%. The trading volume in general decreased as key names in the industry have slowed down on their buying activities. Additionally, state-run banks may wait for bond prices to fall before creating new positions. The forecast for supply is at INR330bn ($4bn) through bond sales.