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Cryptocurrency investors are becoming more cautious about working with firms, following losses from sudden collapses of Celsius Network, Voyager Digital, FTX and other exchanges. Also, a regulatory crackdown expected to pressure the remaining companies is raising concerns among the investors. This has encouraged institutional crypto investors to switch to exchanges that offer stronger asset protectionmand boost due diligence on trading partners

Rohit Jetly, Head of Shared Services and India Operations at Fidelity International, spoke with ETMarkets about his physical and mental fitness regime. Jetly runs 5km two to three times during the week and 10km on Sundays. He tries to cover about 90km per month, which amounts to roughly 1000km per year.

Cement demand in India is expected to continue growing at a double-digit YoY rate in Apr-May 2023, backed by governmental infrastructure development and rising private capex and real estate demand. Consequently, cement companies expect volumes to increase approximately 10-20% YoY in FY24. Cement prices have remained stable since March 2023 due to lower input costs and are expected to remain unchanged given the strong demand. However, imported coal and petcoke prices have corrected in the past six months, and fuel cost trends and pricing behavior in the industry must be watched.

Gold prices have had a volatile week due to the central bank meeting, mixed US economic data and weakening USD. The yellow metal declined at the beginning of the week due to investor wariness ahead of the June FOMC meeting, but weakened further post-meeting as the Fed delivered a “hawkish skip.”

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Crypto index investing has gained popularity among both individual and institutional investors as it offers various benefits. The strategy is a diversified approach and helps to minimize the risk associated with investing in a single cryptocurrency. Investors can easily gain exposure to a basket of cryptocurrencies, including established and emerging ones, without the need for in-depth research. Crypto index investing is also convenient, as it eliminates complexities related to purchasing and storing individual cryptocurrencies. However, investors must conduct thorough research before investing in any asset to minimize their risks.

The P/E ratio is a widely used financial metric employed by both momentum and value investors to evaluate a company. The P/E ratio is determined by dividing the stock price by the EPS for a period, revealing how much multiple times investors have to pay for every amount of earnings.

Positive macroeconomic data helped domestic markets, with the Nifty falling just short of all-time high levels. During the week, 26 BSE500 stocks provided double-digit returns, with Brightcom Group leading the way at 27%, followed by Wockhardt with 26%.

Manu Rohit Jetly, Head of Shared Services and India Operations at Fidelity International, spoke with ETMarkets about his physical and mental fitness regime. Jetly runs 5km two to three times during the week and 10km on Sundays. He tries to cover about 90km per month, which amounts to roughly 1000km per year. Jetly also includes 30 minutes of free weights in his workout routine. In addition to physical fitness, he focuses on sleeping well, maintaining positive self-talk and visualizing goals. He also engages in photography, music, and reading, encouraging young people to stay fit, build networks, develop hobbies and remain positive.