"Investors are being more circumspect in making investment decisions and taking longer to close deals as the competitive pressures witnessed in the previous year have ebbed and the cost of capital has gone up," Soni said.

However, the COMEX spot price of gold was marginally lower at USD 1,723.60 per ounce compared to USD 1,723.70 per ounce on Monday.Unlike gold, silver price in the national capital jumped Rs 760 to Rs 57,974 per kg. On Monday, the level was Rs 57,214 per kg.

The Dow Jones Industrial Average slid 900 points, or 2.8%. The S&P 500 dropped 3.2%, and the Nasdaq Composite sank 4.1%. Bond prices also fell sharply, sending their yields higher, after a report showed inflation decelerated to 8.3% in August, instead of the 8.1% economists expected. Big tech stocks swooned more than the rest of the market, as all 11 sectors in the S&P 500 dropped.

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Like the Nifty50 index, Nifty Bank extended its gains for the fourth straight session and rose 0.74 per cent, almost in line with its headline peer.The banking index continued the momentum it had in the early hours of trade and managed to hit the intraday high of 40,904.30 on Tuesday.

Also, the company fixed the record date which is the date based on which investors’ eligibility for the dividend payout is determined. The filing further read, “Further, pursuant to Regulation 42 of the Sebi Listing Regulations, the record date for the purpose of determining the members eligible to receive the Interim Dividend has been fixed as Friday, 23 September 2022.