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The brokerage expects healthy loan growth, coupled with stable margins and contained provisions to support profitability of the lender. However, slippages are likely to remain elevated, given residual stress recognition in CV, MFI books. The brokerage expects net interest income to grow 18% to Rs 4,468 crore.

Few crypto tokens have benefited more than bonk, which was launched at the end of December on the Solana blockchain and had rocketed 5,000% by early January. It has since fallen back, though remains up 910% since the start of the year.

"Paytm’s FY23 lending volumes are tracking 90% higher than our earlier estimates, and this, coupled with stronger payment margins, has resulted in the company’s profitability continuing to surprise to the upside," Goldman said in a report.

As of 30-Sep-2022, promoters held 0.0 per cent stake in the company, while FIIs held 7.22 per cent and domestic institutional investors had 2.09 per cent.

The Relative Strength Index of the stock stood at 55.39 on Tuesday.

"Expectations of the Fed slowing the pace of rate hikes has been supporting gold. Currently, we are seeing a technical pullback as prices entered the overbought territory. Also, the dollar is firming slightly," said Ajay Kedia, director at Kedia Commodities.

Tata Metaliks will release its third quarter results later in the day. In the previous quarter, revenues increased by 36% over Q2FY22, largely driven by higher sales volume of both Pig Iron and Ductile Iron Pipe.

A total of 42,895 shares changed hands on the counter till 01:12PM (IST)

However, South Korea faced its biggest monthly foreign capital outflows in almost four years because of an increase in the amount of bonds that matured at the end of the year.

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