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“It is important to look after the aviation industry and ensure that the players who participate in building an international hub in India are financially strong and viable. For that, it is important that we look at the cost structure of the airlines. A large part of the cost relates to ATF which in recent days has gone up to account for 70- 80% of the revenues of an airline.”

DIPAM aims to sell its stake in Nagarnar steel plant post demerger. Cabinet has already approved the demerger of Nagarnar steel plant and sale of government stake in it. The steel plant will be a separate company after the demerger.

Silver also declined by Rs 635 to Rs 55,416 per kg.In the international market, gold was quoting lower at USD 1,737 per ounce while silver was flat at USD 18.90 per ounce.

The Nikkei closed 1.19% lower at 28,452.75, while the broader Topix slipped 1.06% to 1,971.44.Wall Street closed sharply lower on Monday as investors fretted that the Jackson Hole gathering would reinforce a strong commitment by the Fed to stamp out inflation.

A total of 30,578 shares changed hands on the counter till 01:40PM (IST).

As of 31-Mar-2022, promoters held 65.4 per cent stake in the company, while FIIs held 20.01 per cent and domestic institutional investors had 0.15 per cent.

Bonds - is a debt security under which an issuer owes a bondholder a debt. The issuer is obliged to pay a bondholder the predetermined interest at predefined intervals (monthly, quarterly, semi-annual, or annually) and the principal (face value) at the maturity date.

The stock quoted a 52-week high price of Rs 3048.0 and a 52-week low of Rs 915.0.

After equities staged a sharp rebound recently, the 12-month forward PE valuation of Nifty50 has expanded to 19.5x and is now trading at one standard deviation above its 10-year average. The MSCI India was trading at a valuation premium of 37 per cent and 96 per cent versus the MSCI World and MSCI EM, respectively.

“It has been brought to the notice of the Exchange that an entity named “Real Trader” operating through a Telegram channel named “Groww Stock” and WhatsApp number “9009115861” is offering investment plans with guaranteed returns,” NSE said in a statement.