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The partially convertible rupee opened at 76.2610 per US dollar as against 76.61 at the previous close. The Indian currency, which was last at 76.3850, moved in a band of 76.2700-76.4720 against the greenback so far in the day.

As of 31-Dec-2021, promoters held 66.33 per cent stake in the company, while FIIs held 17.25 per cent and domestic institutional investors had 1.81 per cent.

“Overall, some interest will be back in auto and paint names and there is going to be some rebalancing at the portfolio level wherein the metals or the crude beneficiaries will have some sort of a knock down and these guys will have some kind of a bump up,” says Hemang Jani.

JK Cement Ltd., incorporated in the year 1994, is a Mid Cap company (having a market cap of Rs 18953.52 Crore) operating in Cement sector.

The valuations at which the funds have been raised, however, is unknown, said the source.

The Gift Connect system would permit members of the SGX to place orders on NSE IFSC using Financial Information Exchange or proprietary Application Programming Interface.

The surge was a reprieve from recent heavy selling of Chinese technology companies and other pressures that had taken the Hang Seng to six-year lows.

“Q4 is going to be very difficult and it will be a challenging quarter for many companies to demonstrate growth and margins. We will have to see how things go for various sectors. Various companies will have different numbers and that will decide how markets will move and how the flows move to different sectors.”

The stock quoted a 52-week high price of Rs 1063.75 and a 52-week low of Rs 584.2.

A total of 15,629 shares changed hands on the counter till 01:39PM (IST)