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Sebi had received information that messages containing stock tips and other investment advice with respect to selected listed companies were being widely circulated through websites and social media platforms such as Telegram, Facebook, WhatsApp and Instagram.

In January, the government approved the sale of loss-making NINL to Tata Steel Long Products Ltd (TSLPL) for Rs 12,100 crore.

The Board of Directors of the company in its meeting held on February 11, 2022, had declared an interim dividend at the rate of Rs 1.31 per equity share i.e. 13.10 per cent of the face value, NHPC said.

The company on Wednesday announced a 20-for-1 stock split, its first since 1999, and a $10 billion share buyback. It comes on the heels of a similar split announced by Alphabet Inc earlier this year.

Crisil expects the benchmark 10-year government bond yield to rise to 7.1% by March 2023 with risks tilted to the upside, compared with an expected 6.9% in March 2022.

These deals happened at prices in the range of Rs 4,260-4,275. Shares of the company plunged about 7 per cent earlier in the day.

Friday is likely to see some consolidation happening with the levels of 16,680 and 16,750 acting as strong resistance points for Nifty.

Over 62 lakh Coforge shares, about 10 per cent of the total shareholding, changed hands in a block deal, BSE data showed. It was not clear who bought or sold the shares.

Domestic trade linkages with Russia and Ukraine are minor – just 1 per cent of exports and 2 per cent of imports - but the theatre in which the conflict is already exerting a toll is inflation.

Right now, everything is lending support to higher aluminium prices. Energy is a wild card though. With the peak winter season behind, EU gas storage levels are now finally within the 5-year range but geopolitics may still support elevated prices.