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The valuation Oyo is targeting would be lower than the $12 billion initially reported last year and probably lower than the $10 billion level the startup hit in 2019.

Sensex and Nifty broke their five-day rising streak to close with slim losses on Friday

Tech Mahindra said that it has acquired Com Tec Co IT (CTC) for 310 million euros (around Rs 2,628 crore), including earnouts and synergy linked payouts.

Tuesday is likely to see the levels of 18,345 and 18,390 acting as potential resistance points

Elevated crude oil prices worsen the outlook on India’s current account and inflation as the country is the world’s third-largest importer and consumer of the commodity.

The Nifty Realty index closed 1.28 per cent up at 516.1.

If Nifty50 sustains above the 18,220 level, it can head higher and test life highs present around 18,600 said, Mazhar Mohammad of Chartviewindia.in.

On Monday, in an otherwise dull session, auto stocks shined. The Nifty Auto index jumped 2 per cent, led by a 5 per cent rise in Hero MotoCorp. The company said it was adding a stake in EV player Ather Energy.

The Nifty Realty index was trading 0.07 per cent down at 509.25.

Non-banking financial services (NBFC) giant Bajaj Finance is likely to deliver a strong set of numbers for the October-December period, analysts tracking the company said. Analysts have varied projections for the topline and bottomline, with most bullish ones estimating a year-on-year (YoY) growth of 32 per cent and 74 per cent, respectively. Bajaj Finance in its quarterly update earlier said asset under management (AUM) growth was at 26 per cent YoY and 8.6 per cent quarter-on-quarter (QoQ) to Rs 1,81,300 crore, far greater than expectations. The new loan addition came in at 74 lakh vs 63.3 lakh QoQ.