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The Nifty Bank index was trading 0.17 per cent down at 43260.2.

Satin Creditcare Network, incorporated in the year 1990, is a Small Cap company (having a market cap of Rs 1303.13 Crore) operating in NBFC sector.

The stock quoted a 52-week high of Rs 1471.2 and a 52-week low of Rs 1070.95.

As of 30-Sep-2022, promoters held 59.45 per cent stake in the company, while FIIs held 23.1 per cent and domestic institutional investors had 4.21 per cent.

The stock oscillated downwards post a trendline breakout and bounced respecting that extended trendline subsequently. This could take the stock towards Rs 332-340-357 in the short term. The key technical indicators gave a buy signal post-bullish divergence. On the lower side, the stock will find support around its prior swing low, which is placed at around Rs 279.

The board of directors of Wardwizard Innovations & Mobility is to consider the proposal of raising funds by way of issuance of any instruments or securities, including equity shares.

The dollar index rebounded on Monday after data showed U.S. services industry activity unexpectedly picked up in November, prompting speculation the Fed may lift interest rates more than recently projected.

ICICI Bank also told analysts that partnerships with fintechs have helped increase customer base and deepen engagement. The share of digital costs have risen from 6% in FY20 to 9% now and it plans to further accelerate the network from the second half of the current fiscal year. It also said that the credit card partnership with Amazon has helped build 3.5 million customers and 35% are new-to-bank and spends are 20% higher.

The land originally belonged to the Ambience group, but Indiabulls Housing Finance, which had extended loans and had balance dues of over Rs 2,500 to the group, has been selling its properties to recover the money.

The transaction will also trigger an open offer for an additional 25% of the company. If the open offer is fully bought into, the new investor could own up to 86.24% of TCNS, for Rs 3,016 crore. The current market capitalisation of TCNS Clothing is Rs 3,507.16 crore.