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Again just like it happens on the savings accounts where banks are offering just 2.5% even though their NIMs are going up I think the time is for the banks to increase the interest levels for the customers rather than ask for the government to give a tax dole out.

VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services said talks of longer-than-expected recession have again surfaced and negative comments from influential voices like Jamie Dimon are impacting sentiments.

Samvardhana Motherson International, incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 32978.58 Crore) operating in Auto Ancillaries sector.

On Tuesday, the rupee declined by 65 paise to close at an over one-month low of 82.50 against the US dollar.

A total of 19,998 shares changed hands on the counter till 10:10AM (IST).

Amid a rising interest rate cycle and depreciating rupee, FIIs have been net sellers of Indian equities to the tune of Rs 1.25 lakh crore in 2022. December could be the fourth month of positive inflows but it could depend a lot on the outcome of the US Fed meeting on December 14.

Demand for coins and bars in the first nine months of 2022 at 117.1 tonnes was 8.83% higher from a year earlier. "The volatility in gold prices will continue till January," said Suvankar Sen, MD of Kolkata-based Senco Gold & Diamonds.

Daiichi is seeking an audit of the dilution of FHL shareholding, alleged violation of undertakings and assurance by the former FHL promoters, the transaction between FHL and IHH, and an alleged clandestine transfer of ₹4,666 crore to RHT Singapore.

The U.S. central bank last month raised rates by 75 basis points during its fourth consecutive meeting to 3.75%-4%, but it also signaled hopes to shift to smaller hikes as soon at its next meeting.

UK-headquartered investment firm and promoter abrdn Investment Management plans to sell its entire 10.21% stake in the HDFC AMC via block deal and will cease to be a co-sponsor of the company.