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HDFC Bank, which had announced a final dividend of Rs 15.5, will go ex-dividend today. Indian Card Clothing company, which had announced a special dividend of Rs 25, will also go ex-dividend today.

Stocks that were in focus include names like Indiabulls Housing Finance which plunged more than 20 per cent, Welspun India plunged more than 17 per cent, and Cam Fin Homes was down more than 4 per cent on Wednesday.

"Over the last two years, there has been significant underperformance by the financials. For long-term investors, I see considerable value in variation issues of financials. I like some of the private sector banks, non-banking financial companies, brokerages, wealth managers, etc. from a longer-term perspective. I like Indian IT as well, going forward. I also expect a revival of rural demand, which can have a positive impact on select FMCG companies, two-wheelers, and various agro-related sectors."

Coromandel International Ltd., incorporated in the year 1961, is a Mid Cap company (having a market cap of Rs 26451.36 Crore) operating in Fertilisers sector.

“Protecting capital is important and that is the key for the next three months with the volatility that we have. One could still play the market for inflation by looking for those companies with strong cash flows, high dividend yields and so forth and so on but our view is that by the end of this calendar year, we will see a narrative change from inflation to deflation.”

Net debt for Vodafone Idea stood at Rs 1,96,420 crore compared with Rs 1,97,480 crore in the December quarter, with a cash balance of merely Rs 1,500 crore, Motilal Oswal said.

Total standalone income during the January-March quarter stood at Rs 21,095 crore, down from Rs 21,386 crore in the same period of 2021-21, PNB said in a regulatory filing.

FHRAI has cautioned that Oyo’s IPO will wipe out public wealth while enriching its founders and key management.

The Department of Telecommunications (DoT) has computed the net present value (NPV) of the accrued interest due to the four-year deferral of spectrum and adjusted gross revenue (AGR) payments at Rs 16,133.1 crore, a calculation since confirmed by Vi. At present, UK’s Vodafone Plc and ABG own 47.61% and 27.38% in Vi respectively.

The rupee on Monday fell to an all-time low of 77.44 against the dollar driven by both the outflow effect as the US Federal Reserve tightened the monetary policy amid expectations of further rate hikes and the fallout of geopolitical tensions.