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The third-largest private bank in India reported a profit after tax of Rs 3,614.24 crore. The bank’s scrip rose to a high of Rs 715.60 against Rs 704.35 at the previous close on the BSE.

Persistent Systems Ltd., incorporated in the year 1990, is a Mid Cap company (having a market cap of Rs 31075.55 Crore) operating in IT Software sector.

In the spot market, the highest purity gold was sold at Rs 48,793 per 10 grams while silver was priced at Rs 64,422 per kg on Monday, according to the Indian Bullion and Jewellers Association.

Kotak Institutional Equities felt the recent sharp correction in Zomato stock offers a buying opportunity.

Asian shares and U.S. futures tumbled on Tuesday after a tumultuous Wall Street session, with investors nervous about the situation in Ukraine and eyeing the U.S. Federal Reserve amid worries about a move to tighter monetary policy globally.

Oil was trading above $88 per barrel on Monday, 36% up since the beginning of the current financial year, as supply has lagged a sharp recovery in global demand. Geopolitical tensions in the Mideast and Eastern Europe have also aided price rise in recent days.

Last year, Airtel had raised around Rs 21,000 crore via rights issue to use the issue proceeds to bolster its balance sheet and build a war chest to expand its 4G networks and prepare for an upcoming 5G spectrum auction likely around April-May.

The Centre has not accounted for proceeds from the initial public offering (IPO) of Life Insurance Corporation (LIC) in its revised budget estimates. Officials said though the attempt is to complete the listing in this financial year, the process could spill over to the first quarter of the next fiscal.

Net profit increased to ₹3,614 crore in the quarter ended December 2021 from ₹1,117 crore a year earlier, led by a 17% growth in net interest income (NII) and a 15% growth in fee income.

Hero Fincorp has initiated a valuation exercise before the equity funding round will be finalised. The final contributions of the existing and new investors could change based on the valuation report, according to people cited.