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Retail Individual Investors (RIIs) portion got subscribed 1.29 times, while Qualified Institutional Buyers (QIBs) received 1.26 times subscription and non-institutional investors 99 per cent.

Terra, which was trading at $118 last month, boasting itself as the eighth largest crypto-token, was the worst of its day on Thursday when it tumbled down to $0.09 on Thursday.

John Bogle, the founder of Vanguard (which today has $7 trillion AUM), predicted in the 1970s that over the long term, humans would find it impossible to beat the index.

"Failed recoveries indicate the influence of resistance and internal weakness. However, the index managed to defend its March month’s lower levels of 15,671. Nifty50 and many sectoral indices entered an oversold region on short term charts. "

This is in sync with the fall in stressed assets while the gross non-performing assets ratio improved to 5.9% at the end of March from 6.97% a year back.

Consolidated revenues for the quarter rose 10 per cent YoY to Rs 52,851 crore, with international sales coming in at Rs 17,550 crore, accounting for 33 per cent of the total revenue.

The differential that used to be as high as 40 paise has shrunk to about 5 paise as domestic banks that could trade in the non-deliverable forwards (NDF) instead of just the foreigners with access to the NDF market before RBI letting banks take position.

Outlook commentary suggested that Q1FY23 adjusted EBITDA will return to $500 million-plus as one-time operational cost incidence is behind the company, brokerage ICICI Securities said while maintaining a buy call on Hindalco.

The overall health of the company is reflected in the price of the share. With the Fed hiking rates, borrowing would become more expensive. Additionally, in a high inflation scenario, a company is likely to incur higher costs to pay its employees and in other expenses.

The net interest margin of the lender improved to 10.1% in the fourth quarter against 7.9% in the year-ago period. Net interest income for the quarter stood 48% higher at Rs 544 crore against Rs 368 crore. Operating profit rose 40% to Rs 217 crore against Rs 155 crore in the same period.