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The Dow Jones Industrial Average rose 1.94 points, or 0.01 per cent, at the open to 36,409.05.

Prices for all crude grades to Asia drop at least $1/bbl

The company said its net revenue from operations increased 55 per cent to Rs 105.69 crore from Rs 68.08 crore a year ago.

Over the coming days, as per the options data, Nifty will continue to find resistance at 18,000 levels

The fundraising is expected to be completed by the end of January, PTC India Financial managing director Pawan Singh said.

“Reliance $4-billion foreign currency bond issue opens up an opportunity for a number of other Indian corporates, Indian banks to try and use the momentum.”

The agency pointed out a chunk of banks’ restructured books was under moratorium as on September 30, 2021, and could hence face risks of slippages

On the technical charts, the 200-day moving average of the stock stood at Rs 1163.16.

The Nifty Pharma index closed 0.63 per cent down at 13912.25.

The partially convertible rupee settled at 74.49/$1 as against 74.36/$1 at the previous close. The Indian currency, which had started the day at 74.4450/$1, moved in a band of 74.3200-74.5075/$1 during the day.