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On the technical charts, the RSI of the stock stood at 50.71.

As of 31-Dec-2021, promoters held 74.99 per cent stake in the company, while FIIs held 9.44 per cent and domestic institutional investors had 6.23 per cent.

According to the data from BSE, the issue received bids for 32,07,246 equity shares or 38 per cent as of 12 noon on the first day. The retail portion was booked 1.1 times, whereas QIB and HNI quota did not see any bids yet.

The stock quoted a 52-week high price of Rs 1696.15 and a 52-week low of Rs 1002.5.

A total of 23,812 shares changed hands on the counter till 12:37PM (IST)

Axis Bank is the fourth-largest issuer of credit cards with a total base of 8.6 million cards. Its retail book is nearly Rs 4 lakh crore. On the other hand, Kotak has a card base of 3 million. Citi’s retail book is nearly Rs 68,000 crore, of which retail loans account for Rs 28,000 crore.

The partially convertible rupee opened at 75.6460/$1 as against 75.9800/$1 at the previous close. The Indian currency, which was last at 75.9900/$1, traded in a band of 75.6230-76.0100/$1 so far in the day.

Astra Microwave Products Ltd., incorporated in the year 1991, is a Small Cap company (having a market cap of Rs 1886.40 Crore) operating in Defence sector.

A total of 19,309 shares changed hands on the counter till 11:26AM (IST).

The S&P 500 is up 11% since March 8, its biggest 15-day percentage gain since June 2020, led by many of the high-growth stocks that have been pummeled for much of the year. The benchmark index has cut its year-to-date losses to 2.8%, after it earlier swooned by as much as 12.5%.