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The board, in its scheduled meeting to be held on February 2, 2022, will consider a proposal for "alteration in the capital of the Company by sub-division/split of existing equity shares of the Company having face value of Rs. 10/- each, fully paid up."

The largest private lender in the country will be the first banking institution to report its quarterly numbers on Saturday

Shares of Aurobindo Pharma also had a bad day. The stock fell 3 per cent after the US Food and Drugs Administration (USFDA) shot off a letter to the company warning for Unit I, an API manufacturing facility of the company in Hyderabad.

“With the advances now touching about Rs 12.6 lakh crore, the liability side is shaping up well at Rs 14.5 lakh crore.”

In the international market, gold was trading with gains at USD 1,826 per ounce and silver was flat at USD 23.19 per ounce.

According to the draft red herring prospectus, it was aiming to raise Rs 4,500 crore from the market by issuing fresh shares.

Coastal Corporation continued to hit the upper circuit, along with Ruby Mills and GMDC. Paytm found some buyers at the lower levels. Among the losers, Motherson Sumi gained buzz ahead of demerger plans. Tata Teleservices and Sintex hit lower circuits of 5 per cent each.

At the interbank foreign exchange market, the local currency witnessed an intra-day high of 74.05 and a low of 74.21 against the US dollar.

CSK started to trade at Rs 12 in the pre-IPO markets in November 2018, since its demerger with India Cements. The scrip zoomed 1,500 per cent to Rs 180 in January 2022. It has delivered a return of 165 per cent in the last year.

Nifty50 witnessed a buying interest at low as it entered into the bullish gap zone of 18,128-18081 level, giving legitimacy to the zone as critical short-term support, said Mazhar Mohammad at Chartviewindia.in.