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Besides suspending nickel trading for only the second time in its 145-year history, the LME also cancelled all trades on March 8 and extended deadlines for those with obligations to deliver physical metal against its contracts.

Among Sensex stocks, IndusInd Bank climbed 3.98 per cent to Rs 931.60. Axis Bank rose 3.39 per cent to Rs 721.90. Bajaj Finance, HDFC, Bajaj Finserv, Kotak Mahindra Bank and HDFC Bank rose up to 3.2 per cent.

The Burman Group will make the additional acquisition in the batteries and flashlight maker through various entities, Eveready said in an exchange filing.

According to the block deal data on NSE, he purchased 2.08 lakh shares at an average price of Rs 1,194 apiece. This took the total deal value to Rs 24.83 crore.

Axis Bank Ltd., incorporated in the year 1993, is a banking company (having a market cap of Rs 214168.81 Crore).

The global cryptocurrency market cap rose to $1.74 trillion mark, rising 0.77 per cent over the last 24 hours. Total cryptocurrency trading volume jumped 19.5 per cent to $87.82 billion, as per Coinmarketcap.

A total of 15,077 shares changed hands on the counter till 10:46AM (IST)

Fed officials have held interest rates near zero since March 2020 and are expected to raise them for the first time since 2018 on Wednesday.

“The whole space around supplying basic industrial chemicals to the pharma companies, to the processed chemicals industry and similarly supplying inputs for the FMCG industry. I call these pharma ancillaries and FMCG ancillaries. That industry is consolidating. In these spaces, one or two monopolies are emerging and we have been trying very hard to identify them. Paushak in specialty chemicals is one.”

“There is no need to hurry in this market. The Indian economy is not running away in a hurry. Markets are not running away; there will be time to buy. Six months down the line, there will still be better bargains. So nibble yes, but do not fill your stomach with the new age stocks that have fallen.”