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The central bank has more than doubled its key interest rate to 20% and the government has rolled out support measures, but the rouble has tanked and bonds have sold off heavily.

Madhusudhan Rao will be appointed as Executive Director, Beauty & Wellbeing and Personal Care, HUL, replacing Priya Nair who will move into her new global role as Beauty & Wellbeing, Chief Marketing Officer. Rao joined HUL in 1991 and is currently Executive Vice President – Home and Hygiene, Unilever.

A total of 28,578 shares changed hands on the counter till 01:24PM (IST).

The Relative Strength Index of the stock stood at 48.66 on Wednesday.

Metro Brands is a play on fast-growing organised footwear retail market, Axis said, adding that the industry is estimated to grow at 12-13 per cent compounded annually over FY20-25 to Rs 53,000-55,000 crore.

The NFTs will be available to mint in a tiered pricing model of $100, $1,000 and $10,000. Funds from the NFT sale will go directly to Ukraine in its current defence against the Russian forces.

On the technical charts, the 200-day moving average of the stock stood at Rs 2238.51.

The recent slide has sent Nifty Bank into a bear market for the first time since March 2020. The index has fallen over 20 per cent from the peak on growing concerns that higher energy prices may curtail India’s GDP growth.

Analysts said it is no time to buy shares in one go, every time, at what appears to be a bottom.

Amfi data released for the month on Wednesday showed that investors poured in a net Rs 19,705.27 crore in equity-oriented funds, compared to Rs 14,887.77 crore in January. Flexi cap and sectoral fund were among the biggest beneficiary of the inflows, getting more than Rs 3,000 crore each.