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At 8:00 AM, the GIFT NIFTY futures were trading at 24,661.50, down 22 points, or 0.09%. 

This implies that the NIFTY50 index will open 77 points lower today. 

On the global front, US stocks ended mostly higher in the overnight trade. The Dow Jones Industrial Average fell 110.21 points, or 0.25%, to 43,717.85; the S&P 500 rose 23.03 points, or 0.38%, to 6,074.12; and the Nasdaq Composite was up 247.17 points, or 1.24%, to 20,173.89.

Asian stocks edged higher, and the dollar held firm on Tuesday as traders braced for a slate of central bank meetings this week that is likely to see the US Federal Reserve deliver a rate cut and the Bank of Japan maintain the status quo for now.

"AVT helps enterprises transform IT operations through a highly customised and data-driven approach. AVT will augment Wipro’s existing application services capabilities, helping drive new growth opportunities," the company added. 

The cost of acquisition is up to US$ 40 million, it added. The transaction is expected to be completed at the latest by December 31, 2024. 

The fourth interim dividend will be paid to shareholders whose names appear on the company's register as of the record date of December 24, 2024, the company said.

SEBI's communication read, "You are, therefore, warned to be careful in the future and advised to exercise due caution in the future and avoid recurrence of such instances, failing which appropriate enforcement action may be initiated..."

"You are advised to take corrective steps, to place this communication and the corrective steps before the Board of Directors, and to disseminate a copy of the communication on the websites of BSE and NSE," SEBI's letter added.

The opening date of the issue was Monday, December 16. 

"The indicative issue price for the QIP is ₹2,096.2 per share, representing a 6.1% discount to the closing price and a 5% discount to SEBI's floor price, sources in the know told CNBC-TV18. The offering will result in an equity dilution of 5.2%," the report added.

The total cost of the project is ₹270 crore. The project is expected to be completed in 30 months. 

This project would increase the production of Lube Oil Base Stocks (LOBS) from the current 475 KTPA to 764 KTPA with the production of superior-grade Group 11+ and Group III LOBS. Additionally, bitumen production would increase by approximately 487 KTPA with the upgrade of fuel oil to bitumen.

The estimated cost of this project is ₹4,679 crore, with a mechanical completion schedule of 36 months and 3 months for commissioning from the date of board approval.