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“If the government is taking steps to cool down inflation which affects their fiscal position and that leads to additional market borrowing, then unless RBI comes out with open market operations from the demand side to support the bond markets, the 300 bps premium gap will not come off. For RBI, the challenge is that on the one hand they are doing the CRR hike to control liquidity surplus and on the other hand they will do OMO purchases to increase liquidity.”

Top crypto assets to keep you going with your investments amidst a shaky year for crypto.

Analysts tracking the grey market said that lower subscription figures, coupled with muted listings for the recent issues and dented sentiments for the secondary market are the major lags for the next listing contender.

“In comparison, tractor volumes are lower sequentially due to a high base, and there is some hit on farmer sentiments due to the reduction in wheat crop realizations on account of government restrictions on exports,” he added.

Gulf issuers have raised more than $10 billion from IPOs so far this year, Refinitiv data shows, exceeding European flotations even as global markets remain volatile in the wake of the conflict in Ukraine.

The Nikkei had touched its highest in more than a month on Monday after Shanghai announced stimulus measures and a decision to ease a city-wide lockdown

Promoters held 51.4 per cent stake in the company as of 31-Mar-2022, while FII and DII ownership stood at 17.61 per cent and 19.54 per cent, respectively.

The stock with a market capitalisation of more than Rs 76000 cr, hit a low of Rs 430 and then bounced back. It retested levels of Rs 480-490 multiple times in the month of May and staged a smart bounce back.

"The software services include development of business applications, data Sciences, cloud, migration, business process optimization, digital media, technology implementation & maintenance services," it added.

The BP division manufactures asbestos-cement (AC) products and fibre-cement flat products (V-boards and panels). It generally brings around 82 per cent to the company’s revenue.