After being over three lakh for five consecutive days, the single day rise in COVID-19 infections was recorded at 2,55,874, taking India's total tally of cases to 3,97,99,202, according to Union health ministry data updated on Tuesday.

The death toll has climbed to 4,90,462 with 614 daily fatalities, the data updated at 8 am stated.

Shares of Deepak Nitrite dipped 9 per cent to Rs 2,150 on the BSE in Tuesday’s intra-day trade after the company reported a 500 basis points (bps) contraction in its consolidated earnings before interest tax and depreciation and amortisation (EBITDA) margins at 22 per cent in the December quarter (Q3FY22).

The company said that the operating environment was challenging, characterized by rising costs and constraints in supply of inputs.

Shares of Reliance Industries (RIL) were down 3 per cent at Rs 2,305 on the BSE in Tuesday’s intra-day, falling 7 per cent in the past two trading sessions, despite the company’s clarification on loan of Rs 750 crore granted to Shapoorji Pallonji Company by its arm Reliance Ventures Limited (RVL).

A sharp decline in stock price has seen, RIL’s market capitalisation decline by Rs 1.17 trillion in past two trading days.

The price of 10 gram of gold increased by Rs 130 on Tuesday, with 24 carat trading at Rs 49,650 and 22 carat at Rs 47,520.

One kg of silver is selling at Rs 64,700, down Rs 200 from yesterday.

In Delhi, the price of 24-carat gold stands at Rs 51,980, while in Mumbai it is at Rs 49,650, according to the Goodreturns website.

Capital markets regulator Sebi on Monday barred 14 entities for indulging in insider trading and ordered impounding ill-gotten gains of Rs 2.94 crore in the matter of Lux Industries Ltd.

Those banned by Sebi include Udit Todi, the son of the managing director of Lux, and is currently holding the post of executive director in the company, according to an interim order.

Plastic products maker Supreme Industries Ltd on Monday reported a 21.31 per cent decline in consolidated profit to Rs 245.72 crore for the quarter ended in December 2021.

The company had posted a net profit of Rs 312.28 crore during the October-December quarter of the previous fiscal, Supreme Industries Ltd said in a regulatory filing.

Zensar Technologies on Monday said its net profit declined 7.8 per cent to Rs 91 crore for the December 2021 quarter.

It had posted a net profit of Rs 98.7 crore in the year-ago period, Zensar Technologies said in a statement.

Its revenue, however, rose 21.6 per cent to Rs 1,102.5 crore in the reported quarter from Rs 906.5 crore in the year-ago period, it added.

Komaki Electric Vehicles on Monday announced the launch of its first battery-powered cruiser motorcycle Ranger and e-scooter Venice in the domestic market priced at Rs 1.68 lakh and Rs 1.15 lakh (ex-showroom), respectively.

The two new vehicle models, which have been launched on the company's website, will be available at all Komaki dealerships from January 26, it said in a release.

India logged 3,06,064 new coronavirus infections taking the total tally of COVID-19 cases to 3,95,43,328, while the active cases climbed to 22,49,335, the highest in 241 days, according to the Union Health Ministry data updated on Monday.

The death toll has climbed to 4,89,848 with 439 fresh fatalities, the data updated at 8 am stated.

Shares of Vodafone Idea dipped 5 per cent to Rs 11.03 on the BSE in Monday's intra-day trade after the company's losses widened 59.5 per cent to Rs 7,230 crore in Q3FY22 on a year-on-year (YoY) basis amid fall in revenue and subscribers. In the same period last year, the company had posted a loss of Rs 4,532 crore.

With today's decline, the stock of the telecom services provider has corrected 33 per cent from its 52-week high of Rs 16.79 touched on December 10, 2021.

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