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The profit figure came largely in line with ET NOW poll estimate of Rs 360 crore.

“The larger banks like HDFC Bank, SBI and even ICICI Bank for that matter would have an advantage. If the credit growth starts moving up, the banking stocks could have a relatively better outlook going forward as well. Also remain selectively invested in quality IT stocks like TCS and Infosys which are getting multiyear order books worth billion dollars in every successive quarter and also some mid tier IT companies.”

The private sector lender has moved National Company Law Tribunal (NCLT) seeking initiation of insolvency proceedings against Zee Learn, according to a regulatory filing.

Cyient Ltd., incorporated in the year 1991, is a Mid Cap company (having a market cap of Rs 10081.36 Crore) operating in IT Software sector.

There is belief that he will be successful, given his track record. However, managing a social media venture is an entirely different ballgame, so there are sceptics as well.

While Macquarie finds valuations in consumer stocks -- both staples and discretionary -- generally rich, the main theme combined with ongoing market share gains has led them to be selectively constructive on names such as Titan, a Rakesh Jhunjhunwala favourite. "We remain selectively optimistic on the medium-term trajectory as the stronger listed players would be the ones who witness healthy market share gains in an inflationary environment." says Aditya Suresh.

Viram Shah, Co-founder & CEO, Vested Finance said that in April so far 3.37 per cent of total transactions on the platform invested in Twitter as compared to 0.13 per cent in March. On April 25, after Twitter accepted the bid, this number went up to 6.68 per cent, he added.

The company will raise Rs 1,581 crore through its initial stake sale. The company will issue fresh equity shares worth Rs 280 crore and existing shareholders and promoters will offload 2.4 crore equity shares from their stake through OFS.

Fujitsu rose 2.17% after a report said the computer maker was weighing a sale of it scanning business to office equipment maker Ricoh, which fell 1.08%.

The continent-wide STOXX 600 rose 0.6% after plunging nearly 2% on Monday on worries of an economic slowdown in China and rapid U.S. interest rate hikes.