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The company filed for bankruptcy in November and U.S. prosecutors accused Bankman-Fried of orchestrating an "epic" fraud that may have cost investors, customers and lenders billions of dollars. Attorneys and advisers overseeing the bankrupt company are now trying to recover funds to repay creditors

Electrolux, which competes with Whirlpool, Samsung and LG, is scheduled to publish its full fourth-quarter earnings report on February 2

The Dow Jones Industrial Average rose 49.93 points, or 0.15%, at the open to 33,754.03

The euro flattened against the dollar after a European Central Bank policymaker said the cycle of interest rate increases was approaching its end, while ECB staff published an article arguing that "very strong" wage pressures are likely over the next few quarters.

Bond yields will trade in a flattish trend till the inflation data," said Anuj Bhala, head of rates trading at SBM Bank (India). "Federal budget will act as a major directional trigger.The U.S. reading comes after weak economic data has raised bets of a slowdown in rate hikes from the Federal Reserve. The Fed has raised interest rates by 425 bps in 2022 and is set to take the same above 5% in 2023.

​The stock’s 52-week low and high prices are Rs 67 and Rs 112, respectively. Currently, the share is trading 49% higher than its 52-week low price.In the quarter ended September, FIIs also raised stake in the stock to 7.55% from the earlier 5.76% in the June quarter

Individually, the regulator has slapped a fine of Rs 5 crore each on BRH Wealth Kreators and BRH Commodities and Rs 1 crore on Anubhav Bhatter, who was the director of the two companies and also held significant beneficial interest in these firms. These three entities have been prohibited from the securities markets for seven years.

Nifty has repeatedly been testing the support of 17,800 levels by forming lower highs. The market action of the last 2-3 weeks also signals the formation of a triangle type pattern and Nifty is now placed at the lower end of a triangle, said Nagaraj Shetti of HDFC Securities.

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The Nifty Pharma index closed 0.66 per cent down at 12682.25.