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“Our guess is possibly 7.20-7.25% (yield on the 10-year bond) should be the peak that we would see possibly in the first six months of the next financial year and post that with decent tax revenues with disinvestment proceeds and with talks of overseas listing possibly we might see that it remains in a zone in a 7% to 7.25% zone the 10-year for the next year.”

As of 31-Dec-2021, promoters held 45.0 per cent stake in the company, while FIIs held 20.23 per cent and domestic institutional investors had 9.07 per cent.

The global cryptocurrency market cap moved up to $2.15 trillion, adding about a per cent in the last 24 hours. Total cryptocurrency trading volume dropped as much as 14 per cent to $94.46 billion.

​The gains on HDFC twins also boosted Bajaj Finance and Bajaj Finserv that gained 1.4-1.7 per cent in early trade. Larsen & Toubro, Tech Mahindra, Nestle India, SBI and ICICI Bank added up to 1 per cent.

Gold futures on MCX were trading down 0.04 per cent or Rs 23 at Rs 51,583 per 10 grams. Silver futures were trading lower by 0.07 per cent or Rs 50 at Rs 66,783 per kg.

Bharat Electronics Ltd., incorporated in the year 1954, is a Large Cap company (having a market cap of Rs 52874.07 Crore) operating in Defence sector.

The Nifty Pharma index was trading 0.45 per cent up at 13641.05.

A total of 10,518 shares changed hands on the counter till 10:30AM (IST).

Zydus Wellness Ltd., incorporated in the year 1994, is a Mid Cap company (having a market cap of Rs 10002.34 Crore) operating in FMCG sector.

The company is planning to take its POL capacities to 5,530 Thousand Metric Tonnes Per Annum (TMTPA) by 2030 from the existing 3,160 TMTPA, Indian Oil Corporation Executive Director (IndianOil-AOD) G Ramesh told PTI.