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Many Twitter shareholders reached out to the company after Musk outlined a detailed financing plan for his bid on Thursday and urged it not to let the opportunity for a deal slip away, Reuters reported earlier on Sunday.

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Gold prices edged lower on Monday near their lowest level in two weeks touched in the previous session as an elevated U.S. dollar continued to pressure demand for greenback-priced bullion. Spot gold was down 0.1% at $1,928.08 per ounce, as of 0033 GMT. U.S. gold futures were down 0.2% at $1,930.10.

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Oil prices extended losses on Monday amid persistent worries that prolonged COVID-19 lockdowns in Shanghai and potential U.S. rate hikes would dent global economic growth and fuel demand. Brent crude futures slid $1.90, or 1.8%, to $104.75 a barrel at 0015 GMT, while U.S. West Texas Intermediate (WTI) crude futures fell $1.89, or 1.9%, to $100.18 a barrel.

Century Textiles, Tata Investment Corp, Mahindra CIE , GMDC, Tatva Chintan , Meghmani Finechem, Maharashtra Scooters, Eveready Industries and Snowman Logistics are the companies that will announce their March quarter results today.

Imagicaa bidder Malpani seeks more time

Updated at : 2022-04-25 07:20:02

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The Ahmednagar-based Malpani Group was the only bidder for debt-laden Imagicaaworld which owes lenders a minimum of ₹1,417 crore. The Malpani Group has interests ranging from theme parks to green energy to FMCG and real estate in Maharashtra.

Banks seek formal NPCI note on crypto UPI curbs

Updated at : 2022-04-25 07:20:02

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The banks, some of which are shareholders of NPCI, raised the issue at a recent meeting after the payments body expressed its reservations a few weeks ago on the fund flows through UPI for crypto trades, two persons aware of the discussions in the meeting told ET.

HDFC Bank declares 1550% dividend for shareholders

Updated at : 2022-04-24 22:40:04

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According to the company regulatory filing, the board of HDFC Bank at its meeting has recommended a dividend of Rs 15.50 per equity shares for the financial year 2021-22. However, the recommendation is subject to the approval of the shareholders at the annual general meeting (AGM) of the company, it said.

Going forward, some heavyweights to play tug of war to keep index movement in check. Any dip towards 16,800-17,000 can be used to deploy the Bull-Call-Ladder options strategy in Nifty, he suggests.

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New waves of selling engulfed the Treasury market over the past week, roiling investors and analysts who’ve been trying to predict just how high yields will go.

The Relative Strength Index (RSI) is 46.87 -- it is neutral and does not show any divergence against the price. The daily MACD is bullish and stays below the signal line.

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