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In the international market, gold was trading lower at USD 1,788 per ounce and silver was flat at USD 22.42 per ounce.

"Nifty is struggling to show a conviction close above 17,350, and this could be the level to watch for. A break above 17,350 will mean a rally to 17,600-17,650. On the lower side, support is at 17,250, a break below this will mean a drop to 17,050-17,100. Brace for extreme volatility in coming days," Shah said.

"Due to unprecedented input cost inflation, profitability has been adversely impacted," MD & CEO Subir Chakraborty noted.

Sovereign bond yields, which are the benchmarks on which the overall cost of borrowing in the economy is based, have displayed a sharp upward trajectory over the past couple of months

The total revenue from operations came in at Rs 1,99,375.30 crore, up 35 per cent against Rs 1,47,676.04 crore in the corresponding quarter last year

Meme tokens including Shiba Inu and Dogecoins have plunged more than 70 per cent from their peaks

“MSME has been one of the sectors, most adversely affected by successive waves of coronavirus. To revive the sector, the Emergency Credit Line Guarantee Scheme (ECLGS) should be extended beyond March 2022 with additional funding support as it will ensure credit flow to MSMEs."

“In the local market, non-IT companies are beginning to hire tech talent. So traditional banks, insurance companies and consulting firms want to grow their IT presence and increasingly they are also looking to hire IT professionals through us. ”

Dixon Technologies (India) Ltd., incorporated in the year 1993, is a Mid Cap company (having a market cap of Rs 26062.98 Crore) operating in Consumer Durables sector.

“We should continue to see a small level of moderation or coming down of our interest cost over the next two to three quarters.”