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The fall in domestic equities was led by the information technology pack after a profit warning by sector major HCL Technologies soured the mood

The rupee ended at 82.27 per dollar after touching a session high of 82.0950, against its previous close of 82.42.The rupee had slumped rapidly since the start of the week to 82.50 and found stability only after the Reserve Bank of India (RBI) sounded a hawkish note on Wednesday after its policy meeting.

Bank Nifty option chain reflects PE writers standing tall at 43,000/43,500 strikes

Data on Thursday showing a rise in U.S. weekly jobless claims, however, has raised investor hopes that the Federal Reserve could temper its aggressive stance on interest rate hikes.

Hindalco Industries, incorporated in the year 1958, is a Large Cap company (having a market cap of Rs 105684.53 Crore) operating in Metals - Non Ferrous sector.

These factors, coupled with macro-economic headwinds including the liquidity tightening, has left start-ups who are still burning cash at a crossroads. So, what is different about the public market investor sentiments from the private investors? Well, while public markets investors want start-ups to be more disciplined in their spend, private investors take a long-term growth perspective of business and are more patient.

The timeline of the buyback will be released later on.The stock which has a market capitalisation of Rs 2,700 crore has rallied over 32% in the last 6 months. The smallcap was trading 3% higher at Rs 183.65 after the buyback announcement.

Sula Vineyards is looking to raise Rs 960.35 crore via its IPO, which is completely an offer or sale (OFS) of about 2.69 crore shares. The company has fixed its price band in the range of Rs 340-357 apiece with a lot size of 42 shares.

As of 30-Sep-2022, promoters held 74.99 per cent stake in the company, while FIIs held 8.59 per cent and domestic institutional investors had 6.33 per cent.