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Let’s get there as quickly as we can," she said on getting to neutral, which she estimates at 2.5%.

Stocks that were in focus include names like Bajaj Auto which fell nearly 4 per cent, Hindustan Aeronautics which hit a fresh 52-week high, and Happiest Minds Technologies which rallied more than 9 per cent on Wednesday.

RO Jewels will go ex-bonus today in 82:32 ratio i.e. 82 new bonus shares for every 32 shares held by existing shareholders. Mishtann Foods will also go ex-bonus today in 1:1 ratio.Kallam Textiles will go ex-rights today

Hindalco Industries Ltd., incorporated in the year 1958, is a Large Cap company (having a market cap of Rs 92280.15 Crore) operating in Metals - Non Ferrous sector.

The Dow Jones Industrial Average fell 176.89 points, or 0.54%, to 32,813.23, the S&P 500 lost 30.92 points, or 0.75%, to 4,101.23 and the Nasdaq Composite dropped 86.93 points, or 0.72%, to 11,994.46.

Gold held its ground on Thursday, supported by lower U.S. Treasury yields, after mounting concerns over stubborn inflation worldwide helped prices rebound from their lowest level in two weeks in the previous session. Spot gold was steady at $1,847.49 per ounce, as of 0036 GMT. U.S. gold futures were up 0.2% to $1,851.40.

Petrol sales by state-owned fuel retailers, which control roughly 90 per cent of the market, at 2.8 million tonnes in May was 55.7 per cent higher than the same period last year. Diesel, the most-used fuel in the country, saw sales jumping 39.4 per cent year-on-year to 6.82 million tonnes in May.

Reddy founded Spandana in 1998 and successfully revived it to one of the country’s biggest microfinance lenders after going through the ordeal of a debt restructuring following the 2010’s Andhra Pradesh microfinance crisis that forced many micro lenders shut shops.

One of the plots measuring 3 acres along golf course road will be developed into a 600,000 sq ft retail and office complex, while the 1.3-acre land parcel on MG Road will be developed as a retail complex spread over 180,000 sq. ft.

The momentum is expected to continue, he said, adding opening up of the economy has reduced the need for a fresh stimulus package and the current momentum appears sustainable. Thus, for the bank, it is imperative that the business keeps adapting to the new operating environment, he said in his letter to shareholders published in the annual report for FY22.