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According to the data on the exchange, the shares were sold at Rs 891.38 each, higher than the floor price of Rs 888 set by the PE firm

For the half year ended September, the net profit stood at Rs 525.5 crore, which is also an all-time high, the bank said in a press release. The business turnover of the Bank has touched a new high of Rs 1,41,505.87 crore as of September 30.

“We have a headwind on currency of 30 basis points because of the regional mix. We achieved an operational improvement of 70 basis points in the quarter. This is on the back of wage increases that we do cyclically in this part of the year. It is a big jump from a quarter to quarter perspective.”

Even though the broader markets underperformed headline indices in October, some of the microcaps with m-cap of up to Rs 200 crore have rallied to deliver multibagger returns in the month.

According to the data from BSE, investors made bids for 4,83,680 equity shares or only 2% compared to the 2,13,75,525 equity shares offered for the subscription by 11.30 am.

On November 17 last year, a day before the stock was listed amid much fanfare, Paytm had 127 foreign portfolio investors owning 6.71 crore shares of the company, representing 10.37% of the shareholders. The latest September shareholding pattern shows that FPIs have sold 44% of their holding and now own only about 3.74 crore shares.

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In the third quarter, the home rental platform saw its net profit climb 46 percent year-over-year to $1.2 billion -- a result that would have been even higher without the negative impact of foreign exchange rates, the California-based company said.

If Powell does signal Wednesday that the Fed may lift its foot slightly off the economic brakes, it could spark a rally in stock and bond prices. Such higher asset prices, though, might then fuel more spending just when the Fed wants to cool things down to throttle inflation.

“We expect a fourth consecutive 75bp hike from the Fed at the November meeting, raising the policy target range to 3.75-4.00%, and the committee to begin a more intensive debate about whether and how to downshift to 50 bps hikes,” Nomura Financial Advisory and Securities said in a note.