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“We would be comfortable in some of the banks and IT names. We would still not venture out to buy some of the oil marketing companies or gas companies. HDFC Bank, may be an ICICI Bank and may be some of the smaller banks like AU Bank or Federal Bank would be on our buying list.”

"The suspension of scheduled commercial international passenger services to and from India, thus, stands extended only up to 23:59 hrs IST on March 26, 2022, and air bubble arrangements shall accordingly be extended to this extent only," the ministry said.

The IT major had scheduled its mega buyback of equity shares worth Rs 18,000 crore to open on March 9, where the company will continue accepting shares till March 23.

The Indian rupee could remain range-bound this Wednesday and will continue to witness high volatility, said Sriram Iyer, senior research analyst at Reliance Securities.

The Nifty Realty index was trading 0.7 per cent up at 409.3.

As of 31-Dec-2021, promoters held 0.0 per cent stake in the company, while FIIs held 18.02 per cent and domestic institutional investors had 2.86 per cent.

At present, HDFC Bank trades at a valuation of 2.4 times FY24 price to adjusted book value, which offers favorable risk-reward, Motilal Oswal said while suggesting a target of Rs 2,000.

A total of 107,614 shares changed hands on the counter till 11:16AM (IST).

The stock quoted a 52-week high price of Rs 606.0 and low of Rs 379.05.

Canara Bank, incorporated in the year 1906, is a banking company (having a market cap of Rs 37951.60 Crore).