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At a time when the local market is assuming the centre stage of the growth strategy for Indian pharma companies, multinational drugmakers are restructuring their businesses in India - by selling brands, closing non-core units, or laying off employees.

About a year ago, Deloitte at a meeting with senior officials of a government agency had said that while the co-location system was susceptible to manipulation, it was very difficult to quantify the money a handful of brokers made over the years due to the unfair advantage they enjoyed.

Mobile trading applications were seen as the main influence shaping markets in the next year, selected by 29% of traders.

Oil prices took a breather on Wednesday after surging to seven-year highs in the previous session as it became clear the first wave of U.S. and European sanctions on Russia for sending troops into eastern Ukraine would not disrupt oil supply.

The dollar was on the front foot against the safe-haven Japanese yen and Swiss franc on Wednesday, as whipsawed markets looked to get a handle on the latest developments around Ukraine, though heightened nervousness kept most major pairs fairly muted .

Sanofi India and Gammon India are the companies that will announce their earnings for quarter ended on December 31, 2021.

As of December, it owns 10 per cent of RIL, 5 per cent each in TCS, Infosys and ITC, and 4 per cent each in ICICI Bank, L&T and SBI.

Britain imposed sanctions on five Russian banks and three billionaires but stopped short of targeting major lenders, such as state-controlled Sberbank and VTB.

This translates into a 0.51 per cent stake in the company. He bought the shares at an average price of Rs 64.67 per share.

​​The S&P 500 was off just 0.4%, and the Nasdaq Composite slipped by 0.67%.