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"The net profit for Q4-FY22 grew by 168 per cent to Rs 343 crore from Rs 128 crore in Q4 FY21, driven by strong growth in core operating income and lower provisioning," the bank said.

In the international market, gold jumped to USD 1,916 per ounce and silver was trading flat at USD 23.49 per ounce.

“Our interaction with leading industry channel partners indicates a recovery in two-wheelers (2Ws) owing to the marriage season and improved cash flows in the hands of consumers due to the harvesting of the Rabi crop,” said Jinesh Gandhi, Research Analyst at Motilal Oswal.

From a technical perspective, Nifty50 is placed at a very crucial juncture. On one hand, it has failed to keep its head above the 200-DMA which stands at 17,225. On the other side, it has continued to take support on a pattern support trend line and the 50-week MA.

According to the regulator, the framework has been modified pertaining to certificate of registration for FPIs and change in their name.

Shorter-maturity debt securities pose lower risk of marked-to-market losses in the event of bond prices falling. Bond prices and yields move inversely.

There are some strategies, like momentum strategies, which have a relatively higher win-loss ratio and a high average win to average loss ratio.

During the month of April, the benchmark index lost over 2 per cent from March 2022 close but the bigger worry is that the index lost over 1,000 points from the top of 18,115. This indicates the dominance of bears. Now, on the daily chart of Nifty50, we are witnessing a ‘Death Crossover’ of the 50-day moving average and the 200-day moving average.

Last week, crude oil lost nearly 5 per cent on demand concerns and extended additional 5 per cent losses on Monday. WTI crude oil made low of almost $96.35 and on MCX price fell to Rs 7,335 amid worries that prolonged COVID-19 lockdown in Shanghai and US rate hikes would dent global economic growth.

The private lender said its net interest income (NII) rose 84.4 per cent year-on-year (YoY) to Rs 1,819 crore from Rs 987 crore in the same quarter last year. Non interest income also grew 27.9 per cent YoY to Rs 882 from Rs 689 crore, the bank said.