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According to the norms, the process of underwriting loans will be carried out on an analysis of risk, and in line with the same, a risk premium would be charged from the borrower. The revised framework is applicable from April 1.

Besides, about Rs 887 crore and Rs 653 crore have been received from Power Finance Corporation (PFC) and Hindustan Aeronautics Ltd as dividend tranches.

“There will be volatility in the metal space because of the current China lockdown but if one looks at their valuations and mid-cycle positioning, Jindal Steel and Power is trading three times EV/EBITDA; Tata Steel probably at about four times EV/EBITDA and Hindalco about five times. For the medium term investor clearly there is a lot of upside for the metal stocks. In the case of auto, the sum-of-the-parts story really holds value for M&M and it can go much higher over time.”

A long bear candle that almost engulfed the previous bull candle on the downside, resembled Bearish Dark Cloud Cover formation.

“A fraud of Rs. 2060.14 crore is being reported by the bank to RBI in the accounts of the company," PNB said in a regulatory filing to stock exchanges.

Even as CPI inflation breached the upper end of the 2-6 per cent band in February, a policy rate hike at this juncture appears remote.

The supports are expected to come in at 16,550 and 16,480 levels for Nifty. The trading range may continue staying wider than usual over the coming days.

For Apple Inc, the world’s most valuable company, a selloff of 17% from its January high has put it within sight of bear territory.

The annual issuance could hit $1 trillion in 2023, according to the Climate Bonds Initiative.

"Rahul Garg, Non-Executive Director has resigned from the Board of Directors and other Committees of the Board with effect from 14th March, 2022," said Future group firm.