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A total of 86,319 shares changed hands on the counter till time (IST).

New Jersey-based Celsius filed for Chapter 11 protection in July 2022, one month after freezing customer accounts to prevent withdrawals. Celsius, which was once valued at $3 billion, was one of the largest crypto collapses last year.

“We will see continuous possible improvement in margins and profitability for many of the auto companies. I would be positive on Tata Motors, we own Mahindra & Mahindra and we own Maruti also. Bajaj Auto, I would have liked to own but we could never buy and then it never corrected but I think that will also do well.”

Nasdaq, the exchange that BlackRock is working with on the ETF, on Thursday submitted what’s known as a 19b-4 form, marking the next step in the process to get such a fund launched. The Wall Street behemoth had earlier registered paperwork in Delaware for the fund, according to documents posted to the Delaware Department of State Division of Corporations website.

Morgan Stanley maintained an overweight rating on Vedant Fashion at a target price of Rs 1418. The global investment bank believes that the share price will rise relative to the country index over the next 60 days.

Nifty continued in its narrow range bound trading pattern for the second day in a row with index trading in a 60-80 points range for both the days.

RSI or the relative strength index computes the ratio of the recent upward traction in the stock price movement relative to its absolute price movement.

The Fed is not confident that it has achieved a sufficiently restrictive stance to bring inflation down to 2%, Powell said, triggering a rise in US Treasury yields. The odds of a 25 basis-point rate hike in December rose to 12.1% from 9.6% a day before.

“The old stalwarts in IT and pharma which led our export thrust, morphed towards IT hardware with the EMS guys and automobiles, because we are shown we are competitive with the world, and as manufacturing takes centrestage, the chemical companies have a big opportunity to become large. As chemical companies move out of Germany and China, a lot of them will become very large in India.”