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A total of 1,309,262 shares changed hands on the counter till 10:51AM (IST).

Gold prices fell from a more than eight-month high hit earlier on Monday, as safe-haven demand eased after the U.S. president agreed to meet his Russian counterpart over the Ukraine crisis. Spot gold fell 0.2% to $1,893.80 per ounce by 0139 GMT, retreating from $1,908.02 - its highest since June 3 hit earlier in the session. U.S. gold futures were steady at $1,898.60.

Gujarat Gas Ltd., incorporated in the year 2012, is a Mid Cap company (having a market cap of Rs 45712.55 Crore) operating in Gas & Petroleum sector.

The contract is for an initial period of two years, with an option to extend further.

A chemicals company, which had received markets regulator Sebi’s approval to float an initial public offering (IPO), is going slow with its equity-raise plans, thanks to LIC’s forthcoming mega listing that is expected to suck out $10-billion from the system.

Currency markets started the week nervously eying tensions in eastern Europe, with the safe-haven yen not far from a two-week high while the euro was on edge given the energy security and economic implications for Europe of a war in Ukraine.

The regulatory direction comes after an assessment showed that valuing these instruments at face value could create a misleading picture of the banks’ financial strength and set a precedent that could be exploited in future by others and weaken the banking system.

ITAT, a quasi-judicial authority and the final fact-finding body, has sent the matter back to the Commissioner (Appeals), which constitutes the first level of appeal, to decide the matter on appeals.

In the past five months, flows into index funds have been rising continuously. As a result of this, the six-month average inflow in index funds rose to ₹3,582 crore compared with previous one-year average ₹721 crore.

Federal Bank will continue to own more than 51 per cent of the outstanding share capital post the completion of this offering.