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On the technical charts, the RSI of the stock stood at 45.48.

"I personally do not think the Ukraine faceoff is going to escalate into a real hot war. I think it is simply a representation of the fact that the world is splitting into blocks and we have probably already been in it for sometime – a cold war. This is unfortunate but the markets did well throughout the cold war with the Soviet Union. I think markets can do well in this situation and try to put a positive spin on it."

The ex-record date is usually a day before a corporate action is scheduled. Buying shares on an ex-record date doesn’t make you eligible for the corporate action, as delivery of shares will not be possible by the time the record date kicks in. TCS has set February 23 as the record date for buyback.

“Our advice to our clients is not to dabble into mid and small size companies as they are most vulnerable to inflationary pressures as cost of energy and raw material prices go up. Maybe they can stay with some of the large companies and within the large companies also try and avoid the commodity influences.”

The partially convertible rupee opened at 74.6820 per US dollar as against 74.5050 per US dollar at the previous close. So far in the day, the rupee moved in a band of 74.7120-74.8100 against the greenback.

Bitcoin dropped for a sixth straight day, touching a low of $36,372 on Tuesday after Russian President Vladimir Putin said he’s recognizing two self-proclaimed separatist republics in eastern Ukraine and ordering troops there. Other cryptocurrencies also declined, with Ether off as much as 2.9% and XRP down as much as 6.7%.

Bandhan Bank Ltd., incorporated in the year 2014, is a banking company (having a market cap of Rs 49255.92 Crore).

A total of 69,262 shares changed hands on the counter till 11:52AM (IST).

The stock traded at a P/E multiple of 72.84, while the price-to-book value ratio stood at 6.64.

On the technical charts, the RSI of the stock stood at 32.3.