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​​The Indian currency is set to do better than Asian and emerging market currencies this month and in May as the expected flow of overseas funds for the LIC initial public offer (IPO) is set to more than offset exits.

All in all, the markets are within a defined trading range of 17,000-17,500; all three key moving averages of 50-, 100-, and 200-DMA fall withing close proximity to each other.

The bank said its advances rose by 24.5% year-on-year to Rs 10228 crore at the end of March. Deposits grew by 34.2% to Rs 10074 crore.

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Revenue from operations witnessed a growth of 10.99 per cent to Rs 656.26 crore during the quarter under review, compared to Rs 591.23 crore in the same period of the previous fiscal.

​​ The company has decided to allocate a total of 8,663,404 equity shares to anchor investors at Rs 542 apiece, taking the transaction size to Rs 469.55 crore, according to a circular uploaded on BSE website.

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He already holds the stock in his portfolio, according to shareholding data released by the company. As of March-end, he owned 3 lakh shares of the company or 1.05 per cent stake in the firm

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The Dow Jones Industrial Average fell 142.0 points, or 0.42%, at the open to 33907.49.

LIC IPO price band likely at Rs 902-949/share

Updated at : 2022-04-26 19:40:03

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ET Now on Tuesday reported the price band, citing sources. Meanwhile, the company is set to officially announce the same in a press conference on Wednesday in Mumbai.

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​​An analyst poll conducted by ET Now had projected net profit at Rs 2,500 crore.

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