Private equity majors The Carlyle Group and Advent have got the Reserve Bank's nod to own up to 9.99 per cent in the private sector lender Yes Bank.

Real estate development company Ashiana Housing has purchased 2.26 acres of land from Mahindra Lifespaces in Chennai to develop a senior living project.

ICICI Lombard GIC, Schaeffler India, Gujarat Fluorochem, Polycab, LTTS, Tata Communications, KPIT Tech, HFCL, Mahindra CIE Automotive and Praj Industries are among the companies that will announce their results for September 2022 quarter today.

HDFC, India's largest mortgage lender, said loans assigned in Q2FY23 stood at Rs 9,145 crore, up from Rs 7,132 crore in same period last year. All the loans assigned during the quarter were to HDFC Bank.

The thematic fund that gained 13.65 per cent in August is betting on JSW Energy in a big way as it is its biggest holding with a weightage of 9.78 per cent. Other top holdings include Titagarh Wagons, Time Technoplast, J Kumar Infraprojects and SP Apparels.

Also Banswara Syntex, a smallcap company from the textile-spinning sector, shall turn ex-split. The company has announced the change in its scrip face value from Rs 10 to Rs 5. The record date based on which the company shall determine the eligibility of shareholders for split shares is September 9, 2022.

The overseas investment arm of state-owned ONGC has made an oil discovery in a block in Colombia.

The land belongs to the JV partner and is fully paid. The investment will be funded through internal accruals and advances from customers against sales.

The project will offer a total of 990 residential units. Phase I of the project will comprise 224 spacious units. The project will offer two-bedroom and three-bedroom apartments, where the usable carpet area ranges from 733sq. ft to 1045sq. ft. Each tower will have 14 floors and will have stilt and open parking.

MFs held 1 lakh Maharashtra Scooters shares worth Rs 48 crore at the end of April. They held Rs 62 crore worth 2 lakh shares in the company at the end of May.In PCBL, MF increased holding to 1.03 crore shares from 81 lakh shares. They owned PCBL shares worth Rs 109 crore at May-end against Rs 90 crore a month ago.

In the Nifty pack, 7 stocks were trading in the green, while 43 stocks were trading in the red.

Ashiana Housing plans to invest Rs 400-450 crore in developing senior living and kid-centric housing units across multiple cities as Covid-19 has shifted demand toward housing societies with special amenities.

Ashiana Housing Ltd. key Products/Revenue Segments include Real Estate Project (Completed), Income from Rooms, Restaurants & Other Services for the year ending 31-Mar-2021.

Ashiana Housing Ltd., incorporated in the year 1986, is a Small Cap company (having a market cap of Rs 1837.22 Crore) operating in Real Estate sector.

Total income fell to Rs 81.36 crore in the fourth quarter of last fiscal from Rs 98.59 crore in the corresponding period of the previous year, according to a regulatory filing.

The land located in Gurgaon will be used to develop a high-rise children-centric residential project. The land with a development potential of 21 lakh sq ft will mark Ashiana Housings foray in the Gurgaon real estate space. The firm plans to develop over 1200 units—1750 and 1800 sq. ft—over the next 4-5 years.

Ashiana Housing Ltd., incorporated in the year 1986, is a Small Cap company (having a market cap of Rs 1436.51 Crore) operating in Real Estate sector.

The company has plans to invest Rs 345 crore in developing housing units across multiple cities as COVID19 has shifted the demand towards smaller cities.

Ashiana said the demand for senior living in the wake of pandemic has increased as elders are concerned about health issues. The company has projects in nine cities across India, and has constructed and delivered over 23 million sq ft.

According to an investor presentation, Ashiana Housing's sales booking stood at 0.81 lakh sq ft worth Rs 27.36 crore during April-June period of this fiscal year, a sharp drop from sales bookings of 3.54 lakh sq ft worth Rs 117.47 crore in the year-ago period.

Even management commentary gave the market a confident outlook to withstand businesses against the COVID spread and its impact.

On the technical front, experts point out the broader structure of the market continues to remain weak as Nifty is making a lower top and lower bottom formation.

Key support level for Nifty is placed at 8,105.4, followed by 7,957. If the index starts moving up, key resistance levels to watch out for are 8,495.15 and 8,736.5.

A reduction in personal income tax will lead to higher consumption and will be positive for many sectors, especially autos and consumers, said experts.