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The Dow Jones Industrial Average fell 42.4 points, or 0.14%, at the open to 30,291.18.

“Now, Nifty has to be above 17,500 zones for an up move towards 17,777 and 17,850 zones whereas supports are placed at 17,442 and 17,350 zones,” Chandan Taparia of Motilal Oswal.

The Dow Jones Industrial Average fell 42.4 points, or 0.14%, at the open to 30,291.18.

The Thrissur-headquartered lender saw a 12% year-on-year rise in net interest income for the quarter but a fall in treasury earnings dragged down both operating and net profit growth

The Thrissur-headquartered lender saw a 12% year-on-year rise in net interest income for the quarter but a fall in treasury earnings dragged down both operating and net profit growth

The company reported a 36% year-on-year growth in its consolidated top line to Rs 8,336 crore

The company reported a 36% year-on-year growth in its consolidated top line to Rs 8,336 crore

Brokerages expect loan growth to see healthy traction and margin to witness expansion to 4.1%. Credit cost is seen as remaining stable and slippages may moderate. Commentary on asset quality is a key monitorable.

An ET NOW poll of analysts had anticipated the profit figure at Rs 365 crore. Its net premium income increased 11% YoY to Rs 16,477 crore.

Revenue from the mainstay cigarette business grew more than 23% on year to Rs 6,953.80 crore. Cigarettes constitute more than 80% of ITC’s net profit and about 45% of its topline. The hotel business saw a sharp recovery on the resumption of business and leisure travel. This segment’s revenue rose by a whopping 82% on year to Rs 536 crore.