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The dollar was on the front foot against the safe-haven Japanese yen and Swiss franc on Wednesday, as whipsawed markets looked to get a handle on the latest developments around Ukraine, though heightened nervousness kept most major pairs fairly muted .

Sanofi India and Gammon India are the companies that will announce their earnings for quarter ended on December 31, 2021.

As of December, it owns 10 per cent of RIL, 5 per cent each in TCS, Infosys and ITC, and 4 per cent each in ICICI Bank, L&T and SBI.

Britain imposed sanctions on five Russian banks and three billionaires but stopped short of targeting major lenders, such as state-controlled Sberbank and VTB.

This translates into a 0.51 per cent stake in the company. He bought the shares at an average price of Rs 64.67 per share.

​​The S&P 500 was off just 0.4%, and the Nasdaq Composite slipped by 0.67%.

In the international market, gold traded higher at USD 1,910 an ounce and silver was up at USD 24.12 an ounce.

The government is keeping a close eye on global developments due to the tension between Ukraine and Russia and will like to see a diplomatic solution to the crisis, Sitharaman said. She was in Mumbai for a post budget consultation with industrialists, bankers and also chaired a meeting of the Financial Stability and Development Council (FSDC).

The market has once again averted a breakdown on the charts by bouncing off the 200-DMA which presently stands at 16876.

Bharat Petroleum ended the day down 4 per cent while Indian Oil fell 2 percent and Hindustan Petroleum 1 per cent.