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Forecasts for the approval of a spot Bitcoin ETF have been increasing since the SEC declined to appeal an August court ruling that threw out its rejection of a plan by Grayscale to convert its Bitcoin trust to an ETF. Bitcoin is trading at levels that have not been seen since the crypto market meltdown last May.

“We are going to see this transition happen over three-four years. They will both take parallel tracks. We are very gung-ho on manufacturing, not yet so gung-ho on energy transition as a play, but definitely energy is a good part of our holdings and they will interplay with each other very well in the next decade at least.”

From the Sensex stocks, Tata Motors, Bajaj Finserv, Tata Steel, Bajaj Finance, and ITC opened higher, while Airtel, M&M, Sun Pharma, Maruti, and Infosys opened with cuts.

US brokerage Jefferies has a buy view on TVS Motor, UPL and Marico while CLSA took a buy stance on Petronet LNG and Bharti Airtel ahead of telecom major’s Q2FY24 earnings later today.

APL Apollo Tubes Ltd., incorporated in the year 1986, is a Mid Cap company (having a market cap of Rs 44476.93 Crore) operating in Metals - Ferrous sector.

Volatility was slightly higher on Tuesday from Monday closing as India VIX stood at 11.65, up 1.39%.

Analysts are mixed on Mamaearth IPO over not-so-cheap valuations, even though the company has fine-tuned the pricing in the offer. The issue is priced in the range of Rs 308-324 per share, and at the upper end, the company is valued at nearly Rs 10,500 crore.

Marico Ltd. key Products/Revenue Segments include Edible Oil, Others, Personal Care, Export Incentives, Scrap for the year ending 31-Mar-2023.