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The net proceeds from the fresh share issue will be utilised for funding capital expenditure requirements to expand manufacturing and R&D facilities and to fund long-term working capital requirements.

"They stayed hawkish, but they also opened the door perhaps for a half of a percentage point hike in September as opposed to 75," said Peter Cardillo, chief market economist at Spartan Capital Securities in New York.

In supply, Russia has started to gradually increase oil production after sanctions-related curbs and as Asian buyers have increased purchases, leading Moscow to raise its forecasts for output and exports until the end of 2025, an economy ministry document reviewed by Reuters showed.

Cohen did not respond to a request for comment. His venture capital firm had on Tuesday bought call options expiring in January 2023 on 1.67 million shares with a strike price ranging from $60 to $80.

Data released on Wednesday showed U.S. retail sales were unexpectedly unchanged in July as falling gasoline prices weighed on receipts at service stations, but consumer spending appeared to pick up at the start of the third quarter.

Federal Reserve officials saw "little evidence" late last month that U.S. inflation pressures were easing, the minutes showed. The minutes flagged an eventual slowdown in the pace of hikes, but not a switch to cuts in 2023 that traders until recently had priced in to interest-rate futures.

Shares of Mangalam Global Enterprise will go ex-split today. The company had announced the splitting of shares into face value of Rs 2 from the face value of Rs 10.

Asia shares ease, dollar holds firm after Fed minutes

Stocks that were in focus include Adani Power which rose 5 per cent, Deepak Fertilisers which hit a 52-week high and closed with gains of over per cent, and Apollo Tyres which rose more than 4 per cent.

Kajaria Ceramics Ltd., incorporated in the year 1985, is a Mid Cap company (having a market cap of Rs 18608.57 Crore) operating in Building Materials sector.