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I think where people were worried that look is this a repeat of 2008 and are we starting to see a big sell-off? I think now zooming out a little bit, people believe that financials are not significantly at risk especially the larger ones.

A total of 55,541 shares changed hands on the counter till 11:23AM (IST)

The stock quoted a 52-week high price of Rs 428.8 and low of Rs 251.25.

In the Sensex pack, HDFC and HDFC Bank were the top losers, falling 1-2%. Maruti, M&M, IndusInd Bank, Kotak Bank and Axis Bank also opened with cuts. On the flip side, Sun Pharma, Asian Paints, Infosys, Wipro and Nestle opened with gains.

Yes, we are importing Russian crude to the extent the same can be processed in our refineries considering the configuration we are having. As regard the discount, the discount level keeps on changing. It depends upon the availability of the crude and the number of players who are in the market. So we get a decent discount that is what I can say and all that also adds to the GRMs of the refineries.

Analysis by ETMarkets has identified 23 stocks that have provided multibagger returns when held for at least three consecutive years. To be selected, stocks had to be from companies with a minimum market capitalisation of INR500 crore ($66.9m). Some of the leading performers included specialty chemicals and agrochemicals stocks, such as Alkyl Amines Chemicals, Vinati Organics, and Navin Fluorine International. Shares of information technology firm Coforge and Patanjali Foods were also identified alongside smallcap stock Quint Digital Media. Analysts recommended a stock-specific approach in the current market and the adoption of a "Quality, Value, and Growth (QVP) strategy".

A total of 156,866 shares changed hands on the counter till 10:10AM (IST).

Power Finance Corporation, incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 45765.81 Crore) operating in Term Lending Institutions sector.

On the technical charts, the RSI of the stock stood at 64.5.

Indian markets are expected to open higher, following global market cues. The buying sectors on previous trading sessions were realty, FMCG, telecom, and public sector. Meanwhile, selling sectors were oil and gas, utilities and power. The maximum weekly Call OI is placed at 18,500 and then towards 18,400 strikes while the maximum Put OI is placed at 18,300 and then towards 18,200 strikes. Options data suggests a broader trading range in between 18,000 to 18,600 zones while the immediate trading range between 18,250 to 18,500 zones.