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The counter tanked to a low of Rs 171.80 as against Rs 180.80 at previous close on the National Stock Exchange

The benchmark S&P 500 and the tech-heavy Nasdaq reversed early losses and gained in the latter part of the session, with Amazon.com Inc gaining 2.2%, and Apple and Microsoft both rising over 1%.

Asian shares advanced on Wednesday with tech stocks particularly catching a lift following a strong session on Wall Street, while U.S. treasury yields held near multi-year highs ahead of closely watched inflation data this week.

Promoters held 50.05 per cent stake in the company as of 31-Dec-2021, while FII and DII ownership stood at 13.76 per cent and 8.85 per cent, respectively.

The retailers expect a much shorter disruption due to the third wave of Covid after witnessing an improvement in consumer sentiment last quarter. All of them said they will accelerate expansion plans in next few quarters.

While lenders are unanimous on this step, differences have emerged among them on a proposed debt restructuring with some private and foreign lenders unwilling to commit to any new loan recast proposal.

Gold prices were steady on Wednesday near a two-week high scaled in the previous session, as inflationary risks and Russia-Ukraine tensions underpinned the safe-haven metal, despite the prospect of an aggressive rate hike by the U.S. central bank.

Tata Teleservices (Maharashtra) reported widening of losses to about Rs 302 crore for the quarter ended December 2021 .

MakeMyTrip said its attempt is to grow TripMoney, a 100% subsidiary, as an independent fintech arm of the company that will gradually evolve into a separate app for non captive customers.

Sachin Bansal’s financial services company Navi Technologies is gearing up to list on the Indian exchanges, having converted itself into a public company, according to regulatory filings shared by business intelligence platform Tofler.