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In the first trading day of the year, the partially convertible rupee ended at 82.7375 per dollar, against its previous close of 82.72.It touched a near three-week high of 82.5675 early in the day, which dealers said was likely due to short USD/INR positions being built.

At close, Nifty ended higher with gains of 92 points at 18,197, while Sensex added 327 points to settle at 61,168. Broader markets outperformed benchmarks, with Nifty Midcap 100 ending nearly 1% higher.

The investor held 50,95,490 equity shares or 1.97% stake In the company as of Q3. This marks an increase in stake by 0.63% as Agarwal held 1.34% stake in the September quarter.Around 3 pm, the stock traded with gains to the tune of over 2% at Rs 71.75 per share on the NSE. While, on the BSE, it hit the day’s high of Rs 72.05 apiece.

The Tesla CEO has seen his wealth tumble in recent weeks after shares of the electric car maker tumbled.

The expectation of a positive start for equities is also backed by the historical performance of the benchmark Sensex on the first trading day of a year in the last 22 years.

Founders Prannoy Roy and Radhika Roy will receive a little over Rs 602 crore for selling 27.26% stake in the news broadcaster to Adani Enterprises at a per-share price of Rs 342.65.

Public sector banks have outperformed private banks in the recent past. Banks also expect margin trajectory to remain robust, while an improving asset-quality resolution should provide further fuel to profitability.

The company manages more than 17 million sq ft of warehousing space under its supply chain management vertical. These include a mix of built-to-suit, dedicated, and multi-user warehouses that help in serving over 21,000 pin codes across 500 locations. For the half year ended September, it had reported revenue of ₹2,526 crore as compared to ₹1,916 crore a year earlier. Net profit was ₹25 crore against ₹8 crore in the year-earlier period.

"Wholesale digital rupee is expected to make the inter-bank market more efficient and reduce transaction costs by pre-empting the need for settlement guarantee infrastructure or for collateral to mitigate settlement risk," the central bank said. "Based on the learnings from this pilot, other wholesale transactions and cross-border payments will be the focus of future pilots."

India will not be able to choose its policy stance in 2023; it will have to react to a very volatile global situation. In a best-case scenario, growth could zoom to 7%. In a worst-case scenario, it could sink to half that.