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The scope of the work of the committee includes identifying segment-wise data perimeters, data needs and gaps, recommending data privacy and data access regulations applicable to market data.

The Indian rupee opened stronger against the US dollar this Tuesday as US bond yields and dollar eased from their elevated levels, said Sriram Iyer, Senior Research Analyst at Reliance Securities.

According to data from Ace Equity, shares of Chennai Petroleum Corporation have rallied the most. The scrip has zoomed 149 per cent to Rs 238.3 on April 22 from Rs 95.7 on February 24. It is followed by Adani Power, which has jumped more than 133 per cent as the Adani Group stock jumped to Rs 259.2, its new 52-week high on April 22.

Promoters held 46.74 per cent stake in the company as of 31-Mar-2022, while FII and DII ownership stood at 16.44 per cent and 14.84 per cent, respectively.

Minda Industries Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 26399.90 Crore) operating in Auto Ancillaries sector.

According to the data from BSE, the company fetched bids for 1,15,26,663 equity shares or 34 per cent as against 3,36,25,000 equity shares offered in the issue as of 11 am on day 1. The portion for retail bidders was subscribed 68 per cent, whereas non-institutional investors received six per cent bids.

“The prospects of energy cost coming down are now increasing. If that happens, then there would also be a crack in the commodity prices because before the oil price comes down, the metal and commodity prices will come down and as a result, in near term, for one or two quarters, some of the metal companies will be accepting the high price pressure on the selling price.”

The rising inflation has been a major problem for FMCG, consumer and QSR sectors, which have been hiking the prices to absorb the impact. But another price hike might be a major challenge for the companies.

A total of 368,405 shares changed hands on the counter till 12:42PM (IST).

A total of 351 shares changed hands on the counter till 11:11AM (IST).