The stock reached an intraday high of Rs 50.10 and an intraday low of Rs 49.50.

The bank’s net profitability stood at Rs 293 crore in the December 2022 quarter as compared to a loss of Rs 338 crore in the December 2021 quarter

Interestingly, the step has been taken for a total list of 479 stocks, of which, the circuit limit of 195 stocks have been revised from existing 10 per cent to 20 per cent including

Can this small finance bank offer a bundle of surprises to its shareholders and earn a tag of small size but big bang in performance?

Ahead of the US Federal Reserve's monetary policy outcome on Wednesday, the investors chose to remain cautious in today's trading session. The benchmark S&P BSE Sensex slipped 498 points, or 0.89 per cent, to end at 55,268, while the broader Nifty50 settled at 16,484 level, down 147 points or 0.88 per cent.

Erasing the gains recorded in the first half of Tuesday's trading session, the benchmark indices closed marginally lower. At close, the Sensex was down 100.42 points or 0.19 per cent at 53,134.35 level whereas Nifty was down 24.50 points or 0.15 per cent at 15,810.90 level. 

On Wednesday, the benchmark indices remained under pressure post the repo rate hike. RBI hiked the key policy repo rate by 50 bps to 4.90 per cent whereas the markets were relieved, as there was no CRR hike. The repo rate hike by RBI is likely to impact the home loan borrowers, both the existing as well as the new ones. While the hike is positive for the banks and the NBFCs, it is likely to be a burden for the borrowers.