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The new project from ChatGPT founder Sam Altman aims to create a blockchain-based "identity and financial network". Its native coin WLD has kept a steady price between $2 and $2.50 since its launch on July 24, thus far spared the "pump-and-dump" trajectory of many new crypto tokens.

A total of 2,226 shares changed hands on the counter till time (IST).

So, contra bet, we have been long on the PSUs generally. PSU banks, PSUs and that trade has played very well. We are still very bullish on the PSU banks given the earnings.

In as many as 541 companies, foreign investors reduced their stake in the quarter gone by, and among these, 17 companies saw sharp cuts in their holding. With the bears growling, these 17 companies corrected up to 83% so far in 2023.

"Companies like Reliance which are promising to unfold the valuation gain because of the separate listings of different businesses going forward, are available at a valuation which is far more attractive than before. One can also argue for companies like Bajaj Finance, Bajaj Finserv, where the potential of the business is also high and at the same time the execution is also matching up with the potential."

The Gurgaon-based company said it posted consolidated adjusted earnings before interest, taxes, depreciation and amortisation of Rs 23 crore for the first quarter. A year earlier, it had posted an adjusted operating loss of Rs 66 crore.

The Nifty Bank index was trading 0.21 per cent up at 44930.35.

The stock quoted a 52-week high of Rs 873.58 and a 52-week low of Rs 454.0.

Promoters, FIIs and DIIs have increased stakes in 12 companies during June FY24 quarter. Most of these stocks rallied up to 230% in the past three months and 290% in the last six months.

JPMorgan maintained an overweight rating on Godrej Consumer but raised the target price to Rs 1135 from Rs 1075 earlier. The company reported robust volume-led topline growth for the India business. In Indonesia, structural initiatives drive topline recovery.