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"Given the fact that their deposit franchise is much weaker than the larger banks and in a rising interest rates scenario it hits them much more. People should remain focussed on the larger size banks if at all and they have to invest in financials and not try to do value picking in stocks which have fallen too much as that could be a value trap."

A minor change was recorded in the trade of Spot gold at $1,642.59 per ounce by 0046 GMT, while U.S. gold futures were up 0.1% at $1,645.90.

Dogecoin, which gained 105% over the 7-day period following Twitter’s acquisition by Elon Musk, was seen trading with a cut. Both Dogecoin and Shiba Inu traded over 8% lower.

"The derivative data shows us that the huge presence of call writers at 17800 levels along with the gap-up opening can bring Nifty near to 18000 levels & short covering from trapped call writers can take the market much more on the upside. Similarly in Bank Nifty call writers are present at 41000 - 41500 levels which can push the Bank Nifty towards new highs in short covering."

"There are several factors in favour of continued strong earnings growth in Indian equities, namely start of the capex upcycle led by higher state outlays for infrastructure projects, PLI incentives for manufacturing and deleveraged balance sheet of Indian corporates; strong recovery in consumption rising disposable incomes in services sector and real estate demand fuelled by pent-up demand and increasing supply of credit."

The company proposes to utilise the net proceeds from the fresh issue towards debt payment, funding working capital requirements, and investment in its wholly-owned subsidiary Raneal Advanced Systems to fund its capital expenditure and general corporate purposes.

"We are now entering a period of correction of this trend, by most global central banks. Hence, it will be safe to assume that this single factor and its related implications will now bear negatively on the markets for some years to come. So, one should plan their investment strategy keeping this aspect in mind."

Maruti Suzuki India Ltd. key Products/Revenue Segments include Passenger Cars & Light Duty Utility Vehicles, Spare Parts & Components, Other Operating Revenue, Service Income, Scrap, Mould & Dies and Rental Income for the year ending 31-Mar-2022.

The rupee started on a stronger note on Monday tracking weak oil prices. However, most Asian and emerging market peers started weaker and could cap gains, said Sriram Iyer, Senior Research Analyst at Reliance Securities.

The net profit of JSW Energy stood at Rs 466 crore against Rs 399 crore in the corresponding period of the previous year. During the quarter, total revenue increased by 16% year-on-year (YoY) to Rs 2,596 crore from Rs 2,237 crore in the year-ago period.