A long bear candle that almost engulfed the previous bull candle on the downside, resembled Bearish Dark Cloud Cover formation.

“A fraud of Rs. 2060.14 crore is being reported by the bank to RBI in the accounts of the company," PNB said in a regulatory filing to stock exchanges.

Even as CPI inflation breached the upper end of the 2-6 per cent band in February, a policy rate hike at this juncture appears remote.

The supports are expected to come in at 16,550 and 16,480 levels for Nifty. The trading range may continue staying wider than usual over the coming days.

For Apple Inc, the world’s most valuable company, a selloff of 17% from its January high has put it within sight of bear territory.

The annual issuance could hit $1 trillion in 2023, according to the Climate Bonds Initiative.

"Rahul Garg, Non-Executive Director has resigned from the Board of Directors and other Committees of the Board with effect from 14th March, 2022," said Future group firm.

Chandramogan, a promoter of the company, held 56.76 per cent stake in the firm at the end of December 2021.

The order settles a crucial two-year old matter that created news within the country and international investment community. Andhra Pradesh’s attempt to renegotiate Power Purchase Agreements (PPAs), first in India, has been followed by other states like Gujarat and Punjab.

Several experts believe the central bank, in its quest to undergird fledgling growth through uncertain times, might be falling behind the curve in restraining inflation.