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In a rare instance, the National Company Law Tribunal heard and admitted a case for insolvency same day the lender, Omkara Asset Reconstruction Company applied.

Cabinet secretary Rajiv Gauba has called a meeting on Friday of secretaries from 12 key ministries to discuss their detailed roadmap with clear timelines for monetising assets such as power lines, gas pipelines, roads, and railway assets among others.

The option was proposed by some of the participants at the roadshows who were of the view that an all-cash offer for the bank would work out to be too costly.

Robinhood said on Tuesday it was laying off about 9% of its full-time employees, adding rapid headcount growth had led to some duplicate roles and job functions.

Shares of Hindustan Unilever gained 3.03 per cent to Rs 2,209.30. The FMCG major reported a 5.34 per cent increase in its consolidated net profit to Rs 2,307 crore for the fourth quarter.

Momentum indicator Moving Average Convergence Divergence (MACD) showed a bullish trade setup on the counters of Schaeffler India, Balkrishna Industries, KPR Mill, Quess Corp Nazara Technologies and Bajaj Auto.

The deal happened at Rs 263.15 per share. It values the deal at Rs 26.31 crore.

The monthly derivatives expiry was seen getting done on a strong note. The strikes of 17,200 saw massive Put writing done through the session. This ensured that Nifty stayed and settled above the 17,200 levels. However, the maximum Call OI stayed constant at 17,300. It saw Nifty settling below this level.

"Staying on this thread, India is one of the most forward-thinking countries in the world when it comes to instant payments thanks to UPI, the real-time payment rails which address what consumers expect from their payments: fast, convenient, and at a low cost."

Domestic brokerage Kotak Institutional Equities (KIE) said Wipro is likely to post Q4FY22 revenue at Rs 21,001.3 crore, up 28.6 per cent year-on-year (YoY), powered by continued strength in discretionary spending and success in the mining of large accounts.