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The lending unit of crypto firm Genesis filed for bankruptcy in January after the collapse of key counterparties including FTX caused it to freeze customer redemptions in November. Genesis is owned by venture capital firm Digital Currency Group (DCG).

Binance.US, the purportedly independent partner of Binance, has seen its U.S. market share slump to 0.9% on June 26 from over 22% in April after the exchange gave its customers a deadline of June 13 to withdraw their dollar funds as the SEC asked a court to freeze its assets.

Ahead of the IPO, the company raised Rs 121 crore in the anchor round, which saw the participation of marquee investors, including Nippon MF, White Oak, Jupiter asset management, Bandhan MF, and 3P India Equity Fund, among others.

I will say maybe to some extent but the valuations of financials overall, if you look at are still fair, like the sector is today making decadal high ROAs and ROEs. And these numbers are only moving in the right direction. While the growth in earnings is going to see a moderation now, last three years, the CAGR growth itself for our banking universe has been close to 50%.

Price consolidating above recent breakout area, signaling further upward momentum.

“IT is so over owned and the psychology of investors also is that they want to buy IT stocks at all times. I am not buying IT companies. There is a risk that there could be some turnaround and the stocks could start suddenly performing very fast but we live with that risk when we do active investing.”

The inclusion of JSW Steel in Sensex is likely to result in net inflows of $145 million, according to Nuvama Institutional Equities. The brokerage believes most of the index rebalance pre-emptive positioning is well priced in.

Ajanta Pharma, incorporated in the year 1979, is a Mid Cap company (having a market cap of Rs 18277.05 Crore) operating in Pharmaceuticals sector.

In terms of price action, Titan stock is now trading above most of the crucial short and long-term moving averages of 5,10,30,50,100 and 200-DMA on the daily charts.

The stock quoted a 52-week high of Rs 608.65 and a 52-week low of Rs 380.95.