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​​ In comparison, the company had posted a PAT of Rs 316.08 crore in the same quarter of the preceding fiscal, the asset management firm said in a regulatory filing to the stock exchanges.

Sharekhan expects the bank to report a 44.3 per cent YoY rise in profit at Rs 3,864 crore compared with Rs 2,677 crore in the same quarter last year.

The markets are opening with a gap up or a gap down for several days. The behavior of the market remained orchestrated and such behavior often tends to defy technical principles in the short-term. So, in such given circumstances, it becomes all the more important that we keep broader technical picture in mind and stick to the technically derived values.

Strategic acquisition of Globalise will enable retail investors to invest in global products via fractional investments. Most banks and broker networks in India have a large base of retail clients who typically prefer self researched practices.

The company said its consolidated net profit increased to Rs 80.60 crore from Rs 52.75 crore a year ago, a jump of 53 per cent. The revenue of the company also rose to Rs 665 crore from Rs 547 crore, up 22 per cent.

The Dow Jones Industrial Average rose 210.7 points, or 0.63%, at the open to 33,450.92.

Several developments are already unfolding in India since 2008, when S&P launched its ESG India index. In 2021 a welcome standardization of ESG reporting was brought forth by SEBI. It launched the BRSR (business responsibility and sustainability reporting) framework, mandatory for Top 1000 listed companies from FY23 onwards.

Gaurav Ratnaparkhi, Head of Technical Research at Sharekhan, said the index had reached near a falling trendline on the hourly chart, which was around 17,200, but it tanked on Wednesday.

For the quarter ended March, net profit grew 97% from a year ago Rs 573 crore on the back of Rs 36% rise in revenue at Rs 3,445 crore.

An analyst poll conducted by ETNow poll had projected the profit at Rs 1,036 crore.