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Sundaram Finance Ltd., incorporated in the year 1954, is a Large Cap company (having a market cap of Rs 24927.82 Crore) operating in NBFC sector.

As of 31-Dec-2021, promoters held 38.18 per cent stake in the company, while FIIs held 18.57 per cent and domestic institutional investors had 3.14 per cent.

The stock quoted a 52-week high price of Rs 449.8 and low of Rs 231.95.

Among Sensex names, Tech Mahindra advanced 1.94 per cent to Rs 1,460.60. HCL Tech gained 1.76 per cent to Rs 1,182.75. Bajaj Finserv, Maruti Suzuki, Wipro, Titan and HDFC Bank rose over 1 per cent each. IndusInd Bank, ICICI Bank, Bajaj Finance, Infosys and Axis Bank also gained over 1 per cent each.

Tata Communication’s scrip rose to a high of Rs 1,293.30 as against the previous close of Rs 1,268.55 on the National Stock Exchange

As it is already at an elevated level, further inflation is going to impact the economy across-the-board – be it households, businesses or transportation, says Principal Economist Dr Sunil Kumar Sinha.

The shares bought by Sharma were worth Rs 8.52 crore.

The company had in November said that it would consider the hiving off and separate listing of its aluminium, iron and steel, and oil and gas businesses as standalone entities

Government bonds were steady as the market consolidated after a surge in prices on Tuesday and as traders awaited the Reserve Bank of India’s monetary policy statement on Thursday.

Bajaj Electricals Ltd., incorporated in the year 1938, is a Mid Cap company (having a market cap of Rs 13835.97 Crore) operating in Consumer Durables sector.