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“FMCG is a good place to hide in an inflationary world and that is what we are seeing in, particularly for ITC, where there is obviously less of an impact in terms of inflation. FMCG as a pack would probably start to outperform on a relative basis going forward along with telecom and the reopening sectors such as hotels. These are places to be at the moment.”

“I do not like the company from the aspect of its lopsided capital allocation, it would be better if it were demerged into three businesses; the cigarette, the FMCG and the hotels businesses. But that is not going to happen in the near term and that is where an ITC investor has to worry.”

Veranda Learning Solutions will sell its shares in the price band of Rs 130-137 per share. IPO investors can bid for a minimum of 100 shares and then in the multiples of 100 thereof.

Barring the largest meme token Dogecoin, all of the top digital tokens were trading higher. Terra zoomed about 10 per cent, followed by a 2 per cent rise in Ethereum and Solana each. Dogecoin dropped 4 per cent.

The stock quoted a 52-week high of Rs 1147.9 and a 52-week low of Rs 700.1.

Veritaz had a turnover of Rs 133 crore for the nine-month period ended December 2021 and it had a turnover of Rs 127 crore for the full year FY21.

The Sunil Mittal-led carrier told analysts that it will initially roll out 5G on sites with high 5G handset penetration and increasing 4G congestion, which will lead to steady capex over the next three-four years, even with the 5G roll out.

HCL Technologies said it has been selected to provide global service desk and on-site support to global healthcare company Novo Nordisk.

Japanese shares led gains in Asian stocks on Tuesday as the Bank of Japan defended its ultra-easy stance, while oil slid on fears of lower demand from China as Shanghai applied a "zero-COVID" strategy by locking down despite a relatively modest caseload.

Oberoi Realty Ltd., incorporated in the year 1998, is a Large Cap company (having a market cap of Rs 34304.05 Crore) operating in Real Estate sector.