“We would like to bring in all financial partners who will fund BPCL privatisation and we can manage very efficiently. We will work with the existing people. We can create three times better synergy in this company but Vedanta will not be financing BPCL.”

As of 31-Dec-2021, promoters held 50.48 per cent stake in the company, while FIIs held 13.02 per cent and domestic institutional investors had 3.13 per cent.

NSE, in its projection, said its revenue will stand around Rs 8500 crore, up from Rs 5,263 core in the previous fiscal.

“Given the correction, 80% of the BSE 500 stocks have corrected 20% or more and are in a bear market. Why would you want to play defensives now? Today I would start accumulating some of the fallen angels and start looking at those stocks; it is too late to get into defensives, one could have done that maybe a month ago.”

The S&P/ASX 200 index closed 1% higher at 7,053.00, marking its best day since Feb. 16.

On the technical charts, the RSI of the stock stood at 35.29.

ICRA Ltd., incorporated in the year 1991, is a Mid Cap company (having a market cap of Rs 3605.27 Crore) operating in Financial Services sector.

European suppliers of Apple such as ASML, ams and Infineon rose between 3.5% and 5% after Apple added 5G connectivity to its low-cost iPhone SE and iPad Air and introduced a faster chip for a new desktop.

A total of 476,501 shares changed hands on the counter till 02:10PM (IST)

The central bank has more than doubled its key interest rate to 20% and the government has rolled out support measures, but the rouble has tanked and bonds have sold off heavily.