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"Over the weekend, the expectations that the anti-epidemic policy would be liberalized fell short, and the price fell in a limited way to repair the overly optimistic expectations," said Jinrui Futures in a report.

The board also approved enhancement in the issue of non-convertible debentures through private placement from Rs 100 crore to Rs 150 crore. The board had approved the issue at its meeting held on August 9, 2022.

Arvind had a gain of Rs 40.52 crore from exceptional items, which includes profit on the sale of a subsidiary and provision from the value of land in Gujarat.Its total expenses were at Rs 2,072.45 crore, up 3.50 per cent in the September quarter of FY23 against Rs 2,002.31 crore a year ago.

However, the rates are now at course correction. Lending rate on fresh loans is on a clear upward trajectory, while lending rate on outstanding loan book has followed a similar trend indicating disciplined lender behavior. The spread between outstanding loan yield and average term deposit rate has sustained at a healthy level, especially for private banks. This means the spread or margin as denoted by NIM (Net Interest Margins) to see continuous improvement – positive for the earnings growth for lenders.

Meanwhile, on the continued sell-off, the global crypto m-cap again sank below the key $1 trillion level and was down by over 4% at $983.11 billion levels. Nevertheless, the total crypto market volume over the last 24 hours is $118.60 billion, which makes a 60.31% increase, according to Coinmarketcap.com.

"This transaction is amongst the largest industrial decarbonization investments in India to date and carries forward the global decarbonization agenda which is centre stage at COP27 (2022 United Nations Climate Change Conference)," said Pratik Agarwal, Director of Serentica Renewables.

FTX founder Sam Bankman-Fried said the exchange was "fine" and that concerns were "false rumours". The firm had no immediate comment when contacted by Reuters on Tuesday.

The under-recovery difference between the retail selling price and the international rate currently is about Rs 27 per litre on diesel but the actual cash loss (the loss based on the actual cost of procurement of crude oil and turning it into fuel) is about Rs 3-4 per litre.

Energy firms slipped 1.1%, while miners shed 0.4%, as worsening COVID-19 outbreaks in China receded hopes of recovering demand for raw materials.

The STOXX 600 index slid 0.4% by 0808 GMT. The European basic resources index shed 0.8%, tracking falls in prices of base metals amid fading hopes of China easing its strict zero-COVID policy.