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​​Petrol in Delhi will now cost Rs 98.61 per litre as against Rs 97.81 previously while diesel rates have gone up from Rs 89.07 per litre to Rs 89.87. The four hikes come after a pause of nearly four-and-half-months.

The S&P 500 ended higher on Friday as financial shares rose after the benchmark Treasury yield jumped to its highest level in nearly three years. The Nasdaq ended lower, and tech and other big growth names mostly declined, but they finished off session lows following a late-session rally.

Florintree Advisors backed entities which collectively owned 10% stake in Hyderabad based MTAR Technologies sold shares at Rs 1800 through multiple block deals on Friday.

Though the market reaction could be short lived, as JPMorgan pointed out that the stock is training at a premium valuation that leaves little scope for an upside in the counter.

The meeting of board of directors of the company will be held on Thursday, 31st March, 2022, to consider buyback of the fully paid-up equity shares of the company.

Max said it has sought both NSE and BSE to reclassify the original promoters on December 8, 2021.

The next week is not likely to be easy as well. Analysts expect the weakness to continue.

The Dow Jones Industrial Average fell 5.55 points, or 0.02%, at the open to 34,702.39.

“We have back to back large films lined up on a weekly basis and this number could even go up to 40-45%. Lastly in terms of the pecking order, we like both Inox and PVR. We have a buy rating on both these counters. We recently upgraded the stocks as well. We have a target price of Rs 2,375 on PVR and Rs 575 on Inox.”

One important reason is lower bond prices mean higher bond yields. Investors who hold bonds for income are pleased when their prices fall, because those bonds continue paying the same income as before.