Shares of PowerGrid Corporation hit a record high of Rs 223.35, on rallied 5 per cent on the BSE in Tuesday’s intra-day trade amid heavy volumes. The stock of the state-owned electric utilities company surpassed its previous high of Rs 220.85 touched on January 27, 2022.

At 10:16 am; the stock was up 1.3 per cent at Rs 215.90, as compared to 0.30 per cent gain on the S&P BSE Sensex. The trading volume at the counter jumped 1.3 times with a combined 9.3 million equity shares changing hands on the NSE and BSE.

The United States announced on Monday that over 500 US troops would be deployed in Europe to reinforce NATO's flank including Poland, Romania, Germany and Greece.

Speaking at a press conference, Pentagon press secretary John Kirby assured that the US army will not be sent to conflict-ridden Ukraine.

Uttar Pradesh Deputy Chief Minister Dinesh Sharma on Monday said the party will repeat its performance of 2017 in the assembly elections.

During his Jaipur visit, Sharma said the achievements of the Modi and Yogi governments have reached households in Uttar Pradesh and its impact will be visible in the results.

Shares of Natco Pharma rallied 9 per cent to Rs 920 on the BSE in Tuesday’s intra-day trade after the company launched its first generic version of Revlimid (Lenalidomide capsules) in 5 mg, 10 mg, 15 mg, and 25 mg strengths in the US market. Natco, along with marketing partner Teva, has launching these strengths of lenalidomide.

The above strengths of lenalidomide capsules are prescribed in adults for the treatment of multiple myeloma in combination with the medicine dexamethasone, certain myelodysplastic syndromes, and mantle cell lymphoma following specific prior treatment, Natco Pharma said in an exchange filing.

Private sector lender ICICI Bank is planning to raise up to Rs 8,000 crore through infrastructure bonds to finance projects in the transport and power and affordable housing sectors.

Debt market sources said while the private lender is raising up to Rs 8,000 crore in the current round, rating agency CRISIL has assigned “AAA/Stable” for Rs 10,000 crore of bonds. Lenders have always an option to raise money in tranches.

Telangana Finance Minister T Harish Rao on Monday presented a tax-free budget of Rs 2.56 lakh crore for 2022-23, up from about Rs 2.31 lakh crore last year.

The budget proposed an outlay of Rs 17,700 crore for the state government's flagship Dalit welfare scheme ‘Dalit Bandhu'.

High commodity prices as well as outflow of foreign funds from equity markets dragged Indian rupee to a new record low against the US Dollar.

Accordingly, rising prices of crude oil along with other commodities triggered by the Russia-Ukraine war had kept a weak pressure on the rupee.

Shares of Indigo Paints continued to reel under pressure, hitting a new low at Rs 1,497.65, as the stock tanked 11 per cent on the BSE in Monday’s intra-day trade on concerns of weak earnings due to higher input cost and lower demand.

The stock of paint makers traded close to its initial public offer (IPO) issue price of Rs 1,490. The company had made its stock market debut on February 2, 2021. The market price of Indio Paints more-than-halved or down 55 per cent from its record high level of Rs 3,348 touched on February 3, 2021.

The Central Bureau of Investigation (CBI), which arrested the former Managing Director (MD) and Chief Executive Officer (CEO) of National Stock Exchange (NSE) Chitra Ramkrishna on Sunday night, is likely to seek two week custodial remand of her.

Sources in the CBI said that she would be produced along with NSE's former Group Operating Officer (GOO) Anand Subramanian. The agency will seek custodial remand of both of them.

Shares of Oil and Natural Gas Corporation (ONGC) rallied 5 per cent to Rs 172.65 on the BSE in Monday’s intra-day trade in an otherwise weak market on the back of rising crude oil prices. At 10:40 am; the stock was up 4 per cent around Rs 171.80-odd levels, as compared to a 3.2 per cent decline on the S&P BSE Sensex.

The shares of the state-owned oil exploration & production company traded close to its 52-week high of Rs 176.40 touched on February 14, 2022.

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