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“Services is one sector which should look up and which has helped us well throughout the pandemic. In fact, it has done very well. Also, a very large section of our population depends on agriculture. Agriculture has come to the rescue of the Indian economy again and again. .At the moment, monsoons are playing a little iffy.”

“For oil, the historical evidence suggests that oil demand goes negative only in the worst global recessions. But oil prices fall in all recessions to roughly the marginal cost,” Citi analysts said in a note.

The dollar stood tall on Wednesday, holding at a 20-year peak against the euro and multi-month highs against other major peers.

A total of 9,008 shares changed hands on the counter till 10:41AM (IST).

According to Sriram Iyer, Senior Research Analyst at Reliance Securities, the rupee opened higher this Wednesday tracking an overnight fall in crude oil prices.

The scrip has climbed 30 per cent year-to-date (YTD) and 64 per cent in the last one year. This is against a 7 per cent rise in the BSE auto index YTD and 15 per cent in the last one year.

Balrampur Chini Mills Ltd., incorporated in the year 1975, is a Mid Cap company (having a market cap of Rs 7194.45 Crore) operating in Sugar sector.

Under the scheme of amalgamation between ESFB and Equitas Holdings, all the assets held by the promoter, including its investments in ETPL, have to be transferred to and vested in ESFB.

Hiring intent of the companies has hit a 27-month high, the highest since the start of the Covid-19 pandemic, according to the latest Teamlease Employment Outlook Report, shared exclusively with ET.

On a longer-term chart from April 2021 to November 2021, the price has moved in a range of Rs 195-232 odd levels. Once it breached the consolidation phase, the price gave a sharp upside rally to make an all-time high of Rs 422 level in February 2022.