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Sectorally, buying was seen in power, utilities, banks, and the public sector while selling was seen in telecom, consumer durables, FMCG, and metals.

This takes the total investment by the Japanese parent and its affiliates to Rs 1,600 crore into Credit Saison India, which expanded its portfolio of assets to Rs 5,000 crore in four years.

"There is a case to make pension plans from insurance companies on a par with NPS which has a separate limit. Globally, we have seen that separate tax saving limits for insurance goes a long way in increasing penetration and India is no exception," said Tarun Chugh, CEO Bajaj Allianz Life Insurance.

"All bidders that had submitted bids early this month are very close, which means a recovery of over 75% is almost guaranteed. To break the deadlock, banks will push the bidders to offer more particularly with more cash upfront, which is likely to take recovery closer to 100%," said a person familiar with the process.

In recent times, Tata Sons has been merging small businesses housed in various Tata group companies that have been non scalable and unprofitable for a long time. Capital allocation, efficiency and scale are critical to be competitive in the marketplace, top officials close to the development said.

Jio added 5.3 million customers in October-December, including wired broadband or fibre-to-the-home (FTTH) users. The telecom market leader does not give a breakdown of mobile and wired broadband user additions.

The company is on course to achieve its highest-ever production in the current quarter, as the new manufacturing capacity commissioned during the previous quarter will be available throughout this period, Rao told ET.

Extrinsic value is that component of the options price that would vanish if the option were to expire right away. For all at-the-money money and out-of-the-money options, it’s all the extrinsic value, and the intrinsic value will be zero.

The tech-heavy Nasdaq 100 Stock Index enters this crucial stretch amid a darkening backdrop that short-circuited a strong start to the year. Underscoring the risks ahead, Microsoft Corp., which kicks off the group’s reporting Tuesday, joined Amazon.com Inc. in starting to cut thousands of jobs this week as sales slow.

Kotak has estimated about 30% growth in operating profit, led by normalization of operating expenses. While slippages are seen at Rs 3,500 crore (2% of loans), led by small-ticket loans, the brokerage expects strong commentary on the asset-quality performance and an improvement in NPL ratios, aided by stronger recovery/upgradation.