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The stock quoted a 52-week high price of Rs 604.0 and low of Rs 322.1.

“In case of reopening trade, I personally would prefer to be in hotel stocks, rather than in airline stocks. Both EIH, IHCL are in the same pocket. The others are situational and the numbers need to be looked at. Lemon Tree is another favourite. There are enough in the space if one wants to buy and I am not concerned about that.”

“From an investor perspective, either one should be prepared to look at it over the next five years and forget about any near term fluctuations or one can sit on the side. My own position would be to wait for it to settle down and see how it goes. We will probably get stuff which is more expensive from where it is and if everything goes well, we would also have sidestepped some volatility in case it does not.”

The US market has been soaring while the other markets have been moving sidewards or down. Emerging markets and Europe have never been this cheap compared to the US and if the conflict dissolved tomorrow, I would buy Indian shares and not US stocks, says Marc Faber, Editor & Publisher, The Gloom, Boom & Doom Report.

The global cryptocurrency market cap today jumped to the $1.80 trillion mark, adding almost 2 per cent in the last 24 hours. Total cryptocurrency trading volume zoomed more than 23 per cent to $97.07 billion.

“We import roughly 2% oil from Russia. Our dependence on Russia is very very small but we have made serious investments in Russia in the region of about $16 billion in oil and gas in three major fields. We also have investments in small fields. Can we bring all that to India?”

Zydus Lifesciences’ scrip climbed to a high of Rs 368 as against the previous close of Rs 359.35 on the National Stock Exchange. The stock gave up some of those gains to profit booking and was last trading 1 per cent higher.

"The outcome of the Uttar Pradesh election will be widely watched by markets because it will set the tone for how the ruling Bharatiya Janata Party approaches and prepares for the general elections in 2024," said Mohit Nigam, Head - PMS, Hem Securities.

SGS awarded the WHO GDP certification to Venus Remedies following an elaborate audit. Internationally accepted pharmaceutical GDP regulations stipulate that distributors of pharmaceutical products and warehouses must align their operations with the specified standards, reports said.

Bhatia, who is due to retire in May, this year, was elevated as the managing director of SBI in August 2020. Prior to that, he was working as the managing director and chief executive officer of SBI Mutual Fund.