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UPL Ltd., incorporated in the year 1985, is a Large Cap company (having a market cap of Rs 56911.07 Crore) operating in Pesticides/Agro Chemicals sector.

Promoters held 50.83 per cent stake in the company as of 30-Jun-2022, while FII and DII ownership stood at 26.62 per cent and 0.55 per cent, respectively.

The Nifty Pharma index closed 0.76 per cent up at 12683.55.

The company, which facilitates an enhanced airport experience for passengers, leveraging its technology-driven platform, will not directly receive any money from the issue and the entire proceeds will go to promoters.

We are still not out of the woods till the time a few important levels are taken out. As of now, 17,650-17,710 is the immediate resistance zone and momentum traders should ideally look to lighten up longs around it. On the flipside, 17,525-17,450 are to be seen as immediate supports,sai d Sameet Chavan of Angel One.

“Crude oil price is always a big joker in the pack which one needs to watch out for because India is and will continue to be a price taker and not a price maker. But I do not really see inflation doing a Laal Singh Chaddha or a Forrest Gump and keep on running. Therefore, the central banker need not really behave like F1 racing champ Schumacher.”

The stock quoted a 52-week high price of Rs 3013.0 and low of Rs 1561.0.

The series of such testnet upgrades will lead to a successful final merge which is expected to drive the price momentum for Ethererum. As we approach the merge deadline, Ethereum is expected to create a new support level at the $2000 mark and will lead the overall growth of the crypto market.

The dollar is supported by hawkish comments by Minneapolis Federal Reserve Bank President Neel Kashkari who said his biggest fear is the US central bank misreads the extent and persistence of price pressures and will need to deliver even more aggressive rate hikes to control inflation, said Sriram Iyer, Senior Research Analyst at Reliance Securities.

Following the development, shares of NDTV zoomed 5 per cent, its daily circuit limit, to Rs 384.50 on Wednesday. This is a new 52-week high level for the counter, which settled at Rs 366.20 on Tuesday.