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Toyota tanked 1.94 percent to 2,019.5 yen after announcing that half-year net profit dropped 23 percent. However, the top-selling automaker kept its annual net profit forecast unchanged as the cheaper yen offsets supply-chain disruptions.

The Hang Seng Tech Index jumped as much as 9.3% Tuesday, while a stock gauge tracking Chinese companies listed in Hong Kong rose more than 6%, bouncing back from its lowest close since late 2005.

The company, in a separate exchange filing, announced its resolution to acquire Hindusthan National Glass & Industries. The Insolvency and Bankruptcy Code (IBC) has been issued a letter of intent by the committee of creditors (CoC).

“As India has benefited from the external front in the past, then it also probably stands to lose on that front and we are already starting to see some bit of that export slowdown come about, imports being relatively stickier, leading to a current account gap which is getting a little wider manifesting in the form of the currency pressures and so on and so forth.”

According to the data, about 4.17 crore shares of Axis Bank worth about Rs 3,718 crore exchanged hands on BSE as of 10 am. On National Stock Exchange (NSE), 1.26 crore shares of the lender worth Rs 1,118 crore were traded as of the given time.

The global cryptocurrency market cap topped the $1 trillion mark during the early hours, after gaining over a per cent in the last 24 hours. However, the total trading volume soared more than 21% to $88.17 billion.

"The last quarter of CY22 is likely to be a boon for Indian corporates. We expect strong growth momentum in consumer/consumer durables. Along with consumer discretionary companies, as the holiday season approaches, travel and tourism-related companies are also likely to register strong growth. As a result, the entire HORECA (Hotels, Restaurants/QSR, Cafes) space will also benefit."

Dalal Street is rising higher on the back of strong global and domestic cues, coupled with upbeat numbers from India Inc in the latest result season. However, analysts suggest that investors need to be cautious and initiate a trade on both sides to make a quick buck.

The Nifty Bank index was trading 0.81 per cent up at 41642.85.

NTPC Ltd. key Products/Revenue Segments include Generation Of Electricity, Coal, Other Operating Revenue, Consultancy Income and Lease Rentals for the year ending 31-Mar-2022.