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Shares of Hindustan Foods, Ontic Finserve, Rajnish Wellness and Shanti Educational Initiatives will go ex-split today. Hindustan Foods and Rajnish Wellness had announced the splitting of shares into face value of Re 2 from the face value of Rs 10 while Ontic Finserve and Shanti Educational Initiatives had announced the splitting of shares into face value of Re 1 from the face value of Rs 10.

"It is heartening to see that Indian domestic investors are finally rising to the idea of equity allocations. This is evident by the fact that as of March 2022, 4.8% of the total Indian household assets were invested in equities, up from 2.7% in 2020. However, India still has a long way to go compared to the ~25% levels in the US. As the Indian domestic investors get more educated and experienced with the equity markets, we hope to continue seeing increased allocations for equity as an asset class."

HDFC Life Insurance Company Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 110983.82 Crore) operating in Financial Services sector.

“Today, the Government of India bond for five years and 10 years is close to about 7-7.5% and corporate bond for five years is about 7.5%. This kind of yield is even adjusted for earnings but is attractive for investors to park their money. Therefore, in the overall asset allocation, equity, ETF and even the bond portfolio should be part of the consideration.”

The European Union told member states on Wednesday to cut gas usage by 15% until March as an emergency step after President Vladimir Putin warned that Russian supplies sent via the biggest pipeline to Europe could be reduced further and might even stop.

The National Company Law Tribunal’s (NCLT) Kolkata bench on Monday declared the allotment of shares by the company in favour of the promoters void. The NCLT also pronounced the purchase of company shares by the promoters from Lodha null and void. These transactions took place way back in 1987 and 1988, respectively.

Choudhary said RBI has fostered innovation and it is keeping a close eye on the benefits and risks associated with innovative products and services offered by fintechs. "The challenge for policymakers is to maximise the benefits of fintech while minimising the potential risk," he said.

"If the Nifty fails to cross above 16,600 and instead sustains below 16,500, a cool-off can be expected in the recent up-move," said Abhishek Chinchalkar, head of education at brokerage Fyers.

Electric vehicle maker Tesla Inc rose 2% in extended trading after reporting a rise in quarterly profit after the bell. "Equity prices are trending in a roller coaster fashion, currently being at the mercy of inflation, interest rates and earnings," said Terry Sandven, chief equity strategist at U.S. Bank Wealth Management.

BlackRock management was quick to invoke the first-half market carnage when revealing the investment performance last week. “2022 ranks as the worst start in 50 years for both stocks and bonds,” Chairman and Chief Executive Officer Larry Fink said on his earnings call.