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"Remarks by the US Feds on the monetary policy seem to have led to a sell-off within investors across markets, including crypto. The crypto fear and greed index has re-entered the fear zone after dropping 4 points since yesterday. The index currently stands at a score of 43/100," said Parth Chaturvedi, Investments Lead, CoinSwitch Venture.

The stock quoted a 52-week high price of Rs 935.65 and a 52-week low of Rs 737.6.

The Relative Strength Index of the stock stood at 54.14 on Friday.

India will enter the global bond index with a 10% weight cap and other smaller JPM EM indices in a staggered manner over a 10-month period beginning June 28, 2024. According to market experts, this could prompt around $30 billion of passive inflows.

"I would not overstate the longer-term impact that this could have on investor perceptions of India and broader perceptions of India on the whole. I do not think that those will change. I mean, these longstanding views of India as not only a key market destination investment partner, but also a strategically significant country, I do not really think that that will be impacted by this, especially because there is still a lot of question marks here.

Promoters held 51.14 per cent stake in the company as of 30-Jun-2023, while FII and DII ownership stood at 17.35 per cent and 19.33 per cent, respectively.

Glenmark Pharmaceuticals has entered into a definitive agreement with Nirma to divest a 75% stake in Glenmark Life Sciences for Rs 5,651.5 crore, at a price of Rs 615 per share, the company said in an exchange filing.

A total of 692 shares changed hands on the counter till 11:47AM (IST).

“Global growth is likely to be just about 2% or sub-2%, not just this year but probably next year despite the fact that the Fed has raised its outlook from about 1% to 1.5% for US GDP growth for next year. Even there, we should not take the Fed outlook at face value.”

Presently, we do manufacture a large number of energy meters and a smaller quantity of smart meters. Smart meters is a new program that the government has initiated and it is in the process of finding its feet, so to say in the implementation scenario.