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Data on Wednesday showed U.S. retail sales fell by the most in a year in December, while producer prices fell more than expected last month, offering more evidence that inflation was receding.

The brokerage is of the view that RBI’s approval for MD’s term extension will be a key monitorable for the stock in the near term.

This will be a year for the Indian economy to strengthen its position on the global stage while the rest of the world grapples with an impending recession, war and inflation, the Reserve Bank of India (RBI) said in its report on the state of the economy.

The ministry of corporate affairs on Wednesday proposed that the adjudicating authority must admit an application filed by a financial creditor, provided it was established that a default was committed and that the other procedural requirement was fulfilled. It has not defined the "other procedural requirement" in the recommendations.

Bidders will have to increase their bids by ₹10 crore in each round with the lowest bids getting eliminated, people familiar with the process said.

Concert has pioneered the use of deuterium (a hydrogen isotope) in medicinal chemistry and has an extensive patent portfolio, including its lead product candidate deuruxolitinib - an oral inhibitor that blocks Janus kinases JAK1 and JAK2 for the treatment of baldness. Concert has completed the evaluation of the efficacy and safety of deuruxolitinib in adult patients with moderate to severe alopecia areata in its THRIVE-AA Phase 3 clinical program and two open label, long-term extension studies are ongoing in North America and Europe.

The move is part of an ambitious strategy by the leader in the electric passenger vehicle market to raise significant funds, both via external and internal sources, to support its growth plans through product innovations, especially of EV platform, top executives close to the development said.

Global Health, incorporated in the year 2004, is a Small Cap company (having a market cap of Rs 11970.43 Crore) operating in General sector.

Hindustan Zinc delivered best-ever 9 months refined metal on the back of the highest ever mined metal. In FY22, we reached the one million tonne mined metal landmark, and this year with the current run-rate, we are confident of achieving the one million tonne refined metal mark and are fully geared to deliver another stellar annual performance," said Arun Misra, CEO, Hindustan Zinc

The Dow Jones Industrial Average fell 125.61 points, or 0.38%, at the open to 33,171.35