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Highdell Investment, owned by private equity firm Warburg Pincus, has sold partial stake in Kalyan Jewellers through open market transactions on Friday.

The US dollar edged upwards by 0.049% to 102.33 on 25 June, while the yen remained fragile. Last week, a week of central bank meetings saw the Federal Reserve leave rates unchanged while suggesting that further hikes were on the horizon. Meanwhile, the European Central Bank raised interest rates and the Bank of Japan continued with its ultra-easy policy. The events mean that the market still requires convincing that the Fed will grant two more hikes this year, but investors predict there is a 72% probability of a hike by 25 basis points next month.

Consumer tech companies that went public between late 2021 and early 2022 are witnessing a significant recovery on the bourses, with gains of as much as 46% in the current fiscal. The hype surrounding these companies has now subsided, and analysts and investors have a better understanding of their business. The companies have implemented new strategies, helping stocks rise, and analysts have come out with positive reports, thereby raising the target prices.

Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside.

To help tide over the repayment requirement, the percentage of royalty from Indian listed entity Vedanta Limited has increased from 2% to 3% starting this year. Also, Vedana Resources Ltd. (VRL) had informed investors earlier this month that it has entered into a similar royalty agreement with Hindustan Zinc and fixed the royalty percentage at 1.7%.

​​Reliance Power and CFM offered upfront cash, while NARCL’s offer is a combination of cash and security receipt. Early this month, CFM ARC improved its offer to `1,220 crore while Reliance Power made a revised offer of `1,260 crore. The offer by the promoter is backed by Varde Partners, which acquired a 15% equity stake in the company by infusing `930 crore in September last year. A Reliance Power spokesperson said: "We are committed to maximise the value for our lenders.

Such a dispensation from the RBI would provide some breathing room to the merged entity on the maintenance of the cash reserve ratio (CRR) and statutory liquidity ratio (SLR) on its infrastructure and affordable-housing loan portfolio.

Coinswitch had earlier announced plans to offer conventional investment products like mutual funds, US stocks, etc., widening its scope beyond cryptocurrencies, which have taken a battering over the last few years.

​Nifty concluded last week with a 1.4% surge, extending its streak of eight consecutive weeks of new highs and record closing highs. The daily chart reveals a breakout within the 18,750- 18,350 range, indicating favorable conditions for continued bullish momentum as the index prepares to touch fresh all-time highs.

Gold has had a sharp rally in the last four years with domestic prices rising by 79%, In dollar terms, the rise was 46%. In the last one year, prices increased by 17.5% in rupee terms and 7.3% in dollar terms.