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Benchmark Indices, BSE Sensex and Nifty50, dropped a per cent each. The broader markets underperformed as BSE midcap and smallcap index dropped 2 per cent and 3 per cent, respectively. In the BSE500 index, about 395 stocks registered degrowth during the week, whereas the remaining 105 stocks ended higher. More than 20 stocks registered double digit cuts during the week.

After much back and forth, the Russian government and its central bank have decided to regulate and recognize cryptocurrencies.

Markets have been consolidating for the last four months and still not offering any cue over the next directional move. Global cues including inflation concerns and Russia-Ukraine tension are currently weighing on the sentiment. "The direction of the market in the week ahead will be determined by cues from global markets while domestic macroeconomic data and corporate earnings will continue to remain in focus in the near term," said Vinod Nair, Head of Research at Geojit Financial Services.

"In the next three to five years, petrol will possibly come down to about 50 per cent level, CNG will go up to 20 per cent..diesel would come down further to about 10 per cent and I would say (for) EV..., we have already declared our target of going more towards 20 per cent," Tata Motors President Passenger Vehicle and Electric Vehicles Shailesh Chandra said.

During the third quarter ended December 2021, SBI recovered Rs 1,500 crore from written-off accounts and for the nine months during April-December FY22, the recovery amount stands at Rs 5,600 crore, SBI said in a post Q3 FY22 earnings call with analysts.

"He was very forthright and frank and said what he thought was right for the country and for the industry. He did not mind what the government felt. it was accepted when it came from Rahul, because it was in his character and they all knew that he was brutally honest."

Total revenue from operations was up by 4 per cent to Rs 163.8 crore in the October-December quarter of FY22 against Rs 156.8 crore in Q3FY21, IndoStar Capital said in a release.

The company had logged a net profit of Rs 80.08 crore in the year-ago period, RInfra said in a filing to BSE.

Markets have been consolidating for the last four months and still not offering any cue over the next directional move. Global cues including inflation concerns and Russia-Ukraine tension are currently weighing on the sentiment. "The direction of the market in the week ahead will be determined by cues from global markets while domestic macroeconomic data and corporate earnings will continue to remain in focus in the near term," said Vinod Nair, Head of Research at Geojit Financial Services.

“The next phase will belong to the new-age technologies like electric vehicles, the ecosystem for all of that by way of charging stations and even backward integration through Tata Chemicals. I think all can be played through some of these companies. We have chosen Tata Power and Tata Motors. We also like TCS. ”