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In a second day in Congress on Wednesday, U.S. Federal Reserve Chair Jerome Powell reaffirmed his message for potentially faster interest rate rises, but emphasised nothing had yet been decided ahead of the March 21-22 meeting, and economic data would be a major factor.

Transaction took place at a 7% discount to the stock’s previous market close. On the contrary, Fidelity Funds, Nomura Trust and Banking Co bought the co’s shares

U.S. gasoline stocks drew by 1.1 million barrels, according to a report from the U.S. Energy Information Administration, lower than the 1.8 million estimated in a Reuters poll. Distillate inventory grew by 138,000 barrels, compared with expectations for a 1 million barrel draw

Bonus shares are fully paid additional units issued by a company to its existing shareholders. When a firm issues bonus shares, its shareholders do not have to incur any extra costs to get them. The number of bonus shares you receive depends on the number of shares of the firm you already hold.

​Communications, consumer cyclicals, and IT had a very bad year >> For more such web stories click on the ET icon below​

Initial claims for state unemployment benefits rose to 211,000 for week ended March 4 from 190,000 the previous week, revealed data

"The inversion happened due to higher-than-expected cutoffs on treasury bills sales, which in turn, was triggered by deficit in the liquidity in the banking system," said VK Vijayakumar, chief investment strategist at Geojit Financial Services.

The Central Board of Direct Taxes (CBDT) issued a circular in March 2022, whereby the PAN allotted to a person would become inoperative if it is not linked with Aadhaar by March 31, 2023, and would be liable to all the consequences under the Income-tax Act, 1961, for not furnishing, intimating or quoting the PAN.

The stock quoted a 52-week high price of Rs 884.7 and low of Rs 627.8.

The brokerage further said that the merge-co will receive a cash infusion of Rs 70/share, implying that the stock is trading at 11x FY24E merge-co adjusted EPS (ex-cash). These trough valuations are ignoring the strengths of the merge-co, in our view, it said.