"As at December 31, 2022, the total order book increased to 2,15,000 client orders, up around 10,000 orders from September 30, 2022. Demand for the New Range Rover, New Range Rover Sport and Defender remains strong and represents 74 per cent of the order book," it added.
The rally was part of a wider boost for risk sentiment supported by both the reopening of the world's biggest crude importer and hopes for less-aggressive increases to U.S. interest rates, with equities rising and the dollar weakening.Brent crude was up $1.96, or 2.5%, at $80.53 a barrel by 1450 GMT while U.S. West Texas Intermediate crude rose $2.10, or 2.9%, to $75.87.
Gold prices jumped nearly 2% on Friday after data showed a moderation in U.S. wage growth and a contraction in activity in U.S. services industries in December.Money market bets show 75% odds of a 25-basis point hike at the Fed's February policy meeting, with the terminal rate expected just below 5% by June.
“We are pleased with our strong growth in a seasonally weak quarter, driven by cloud services, market share gains through vendor consolidation, and continued momentum in North America and UK,†said Rajesh Gopinathan, chief executive officer and managing director.
In the event of a disruption in trading due to an outage in one or more market segments of the stock exchange, the other unaffected segments of the exchange shall continue the trading and other operations.
Tata Consultancy Services, a prominent IT company, was 3% higher, ahead of its third-quarter results. Early trading saw gains of more than 1% in both the IT and metal indexes.
The clarification came after stock exchanges and market participants sought clarification as to whether payment mechanisms other than RTGS provided by banks or payment aggregators can be permitted for settlement of trades executed on the RFQ platform.
The stock snapped a six-day winning streak on Monday. During this period, the stock rose by a whopping 33%. This may have prompted the investor to book some profits.The gains in the last session notwithstanding, the stock has been a major laggard in 2022. Its value has more than halved last year and it hit an over two-year low of Rs 31.10 in December.
