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The OIS market is seen as the clearest indicator of future policy action by market participants. A wider move in five-year swaps highlights the expectation of dovish actions in the medium term while the one-year swap rate stays elevated.

During the pandemic period, we also did another excellent job, that is distributing foodgrain also, rather than just distributing cash. That helped us contain inflation," the SBI chairman said.Khara said that his and other banks have created a robust system of digital banking that help people get access to their banking needs in real time

The rupee is expected to appreciate as long as USD/INR stays under the 82 mark, said analysts at ICICI Securities in a note, citing 81.20 as a crucial support zone for the currency pair."A series of weak economic data from the U.S. has fuelled expectations that the Fed may reduce the magnitude of rate hikes or even pause it.

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The majority shareholding of the company is with the public at about 51.80%, while promoters own the remaining 48%.On Thursday, Venus Pipes was marginally down in afternoon deals at Rs 722.95..So far this year, the stock has been trading higher marginally. It has given multibagger returns to investors in the last six months, offering about 103%, while the same has risen 104% in the last one year.

Fear gauge index India VIX was down by 2.85% from 14.37 to 13.96 levels. Volatility cooled down from higher zones and paved the way for the bulls at declines. Now it needs to sustain below 14 for stability to resume the uptrend.

This is the first such hike undertaken by the parent firm after 10 years. The prior agreement with the parent for technology, trademark licence and central services was entered into in January 2013 for a period of 10 years

The multiplex industry is recovering from the pandemic-lows on blockbuster releases both in Hollywood and at home. PVR had logged losses in 10 of the 11 previous quarters.

The Nifty IT index closed 0.05 per cent up at 29632.35.

The consensus estimate for the stock is "hold". JK Tyre has an average target price of Rs 177.67, which represents a downside of -2.06% from the current levels. On Thursday, the scrip was down about 0.38% to last trade at Rs 181.40 on the NSE.