"The Japanese market tracked Wall Street's declines (on Friday)... investors were concerned about inflation in Europe, which is higher than expected," said Shuji Hosoi, a senior strategist at Daiwa Securities."The yields rose because of that and that spurred concerns about an economic slowdown. Today, Japanese manufacturers were hit by these worries."

A total of 20,236 shares changed hands on the counter till 01:46PM (IST).

The European Central Bank must keep raising rates even if a recession in Germany is increasingly likely, as inflation will stay uncomfortably high through 2023, Bundesbank President Joachim Nagel told a German newspaper.Focus is on minutes of the ECB's last policy meeting due this week that are likely to sound hawkish, as well as on euro zone flash PMIs due Tuesday.

In the case of ICICI Bank, mutual funds collectively owned 24.40 per cent of the total share capital in the private lender as of July 30, which was worth Rs 1,38,923.44 crore, as per Prime Database. ICICI Bank alone accounted for 6.47 per cent of the total equity asset that mutual funds managed at the end of July, data suggested.

The stock quoted a 52-week high price of Rs 856.9 and a 52-week low of Rs 543.85.

The stock quoted a 52-week high price of Rs 298.0 and a 52-week low of Rs 121.75.

"The situation has dramatically turned negative for GAIL in the past few weeks. GAIL’s 2.5 mmtpa (about 15 per cent of its LNG portfolio) contract with Gazprom has run into rough weather due to the ongoing Russia-Ukraine crisis. Rather than being in surplus, it is now significantly short on LT LNG. Thus, the ability to surprise by making large gains on opportunistic sales as such is low," Kotak said.

A total of 10,873 shares changed hands on the counter till 01:30PM (IST)

“From the second or third quarter onwards, we believe that the management commentary of most IT companies would start cautioning us that the demand environment has started to slow down. From cues we are picking from US companies, some are hinting towards a cut in IT spends and with lag, it will reflect in the commentary of most of the IT companies in Q2 and Q3.”