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The present proceedings emanate from a show cause notice issued in May 2021 to the entities wherein it was prima facie found that they had executed contra-trades in the scrip of VSL during January to March 2018 period. This was in violation of the Code of Conduct of PIT (Prohibition of Insider Trading) rules.

The Labor Department said the consumer price index dipped 0.1% last month after gaining 0.1% in November. That was the first fall in the CPI since May 2020, when the economy was reeling from the first wave of COVID-19 infections.

Wipro’s peers Tata Consultancy Services and Infosys reported strong numbers for the third quarter, with the latter also raising its revenue growth guidance for the current financial year.It will be interesting to see how Wipro expects the March quarter to pan out. The software major usually gives quarterly guidance.

Harker will be a voting member of the rate-setting Federal Open Market Committee this year. In 2022, the Fed raised rates at a historically aggressive pace and lifted its target rate from near zero levels in the spring to between 4.25% and 4.5% at the December meeting.

The Dow Jones Industrial Average rose 74.85 points, or 0.22%, at the open to 34,047.86, and the S&P 500 opened higher by 7.96 points, or 0.20%, at 3,977.57

The dollar-rupee closed below an uptrend in place since the beginning of 2022 on Tuesday, a bearish technical signal for chart watchers. The next support for the pair is around the 81 per dollar level, according to Fibonacci analysis, with a breach of that pointing the way to the 80 level last reached in August

"A softer landing for the U.S., and perhaps elsewhere, combined with a strong economic rebound in China following the current COVID wave could make for a much better year than feared and stimulate extra crude demand," said Craig Erlam of brokerage OANDA.

The Hyderabad-based company benefited from the four acquisitions it did last year, including its largest ever of Finnish engineering services firm Citec which helped expand its footprint in Europe.

The move came after the stock exchanges expressed their concerns before Sebi that due to the requirement of a single contract on a particular commodity, except for gold, silver and precious metals, the participation of investors, especially in metal contracts, is limited.

The hourly momentum indicator triggered a positive crossover and is also showing divergence indicating that the momentum on the downside is weakening and the index is likely to start a fresh leg of up move in the next few trading sessions.