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The CEO of Alphabet Inc. which is the parent company of Google is the highest-paid CEO in the United States with a pay of $226 million.

The Nifty Bank index hit a fresh record high on Monday tracking positive global cues but witnessed some selling pressure at higher levels.

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The overall positive chart pattern of Nifty remains intact. There is a possibility of Nifty continuing its upward journey without showing any major breakdown in the near term.

The price band of Inox India IPO is fixed at Rs 627-660, and at the upper end, the company plans to raise Rs 1,460 crore. Investors can bid for 22 shares in 1 lot and in multiples thereafter.

The finances of billionaire Gautam Adani’s empire have attracted investor attention after US short seller Hindenburg Research accused the conglomerate of corporate fraud earlier this year, allegations that the group has repeatedly denied.

Investor confidence is often bolstered when a stock is widely held across various mutual fund schemes

“One of the reasons why the RBI may not find room to cut next year is the fact that food inflation is likely to remain quite volatile. The expectation of a four-four and a half handle about a year later is a reasonable one to have because of food inflation over a period of time.”

In the Sensex pack, UltraTech Cement, Nestle India, Power Grid Corp, IndusInd Bank, and JSW Steel closed with gains, while Axis Bank, M&M, HUL, Maruti, and Bajaj Finserv closed cuts.