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About 32 of 36 BSE500 stocks with FPI ownership of 30 per cent or more have fallen up to 46 per cent so far in 2022. Metropolis Healthcare has plunged 46 per cent year-to-date. FPIs owned 30.06 per cent stake in this company as of December 31.

One97 Communications, ahead of market hours, said it achieved the highest ever monthly loan disbursals in February and sustained growth in the payments business.

“Reliance has taken advantage of the situation by getting the best price for their products on the refining side. On the other hand, we continue to have a relatively stronger outlook on the new materials business. Reliance is largely driven by the possibilities of making the big out of the entire new vertical segment of business which is what is likely to drive the company. ”

The partially convertible rupee opened at 76.46 per US dollar as against 76.56 per US dollar at the previous close. So far in the day, the Indian currency moved in a band of 76.4380-76.5800 against the greenback.

As a promoter, Sameer Gehlaut and his affiliated concerns held about a 9.71 per cent stake in the company as of March 14, 2022, the company said in the regulatory filing. However, he would continue to remain a minority shareholder.

The Hang Seng Index dived five percent Monday as the Hang Seng Tech Index was pummelled 11 percent after China said it would lock down Shenzhen to contain a Covid outbreak.

The record date for the dividend payout has been fixed as March 25.

While bitcoin danced above $42,500 following the news, it has since given up those gains and is now back at around $38,000. Similarly ether has slunk back down to straddle $2,500.

Out of 60 stocks on the BSE IPO Index, 18 stocks have dropped between 40 per cent and 65 per cent from their highs since listing.

Promoters held 54.8 per cent stake in the company as of 31-Dec-2021, while FII and DII ownership stood at 24.85 per cent and 11.41 per cent, respectively.