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Besides, Commodity Participants Association of India (CPAI) has made a similar request to the exchanges. It has asked exchanges to either shift the trading holiday from March 7 to March 8 or declare both days as trading holidays.

"Some of them will be very successful and some of the companies are very unique. There are no me-too companies in that particular segment," said the value investor whose team has been meeting the management of new-age companies.

Gold prices jumped by Rs 475 to Rs 55,955 per 10 grams in the national capital on Wednesday amid strong global trends, according to HDFC Securities. The precious metal had ended at Rs 55,480 per 10 grams in the previous trade.Silver, however, plummeted by Rs 1,225 to Rs 63,825 per kg

“If the investment horizon is less than 12 months, park your money in ultra short-term funds. If the investment horizon is more than 12 months and probably looking at a two to three year investment horizon, short to medium term funds make a lot of sense. Yes, for the category of investors who are targeting long-term investments in fixed income markets, long funds also make a lot of sense. ”

Nifty50 ended at 17,451, up 147 points or 0.85%. From the Sensex pack, SBI, Axis bank, IndusInd Bank, Tech Mahindra and TCS were the top gainers, rising over 2% each

Domestic sales of MH&ICV in February 2023, including trucks and buses, stood at 17,282 units, compared to 14,596 units in February 2022. Meanwhile, total sales for MH&ICV domestic & international business in February 2023, including trucks and buses, stood at 17,928 units compared to 16,306 units in February 2022

Several new-age tech companies have been listed on the bourses in recent years, and among them, 4 firms have persistently reported net losses in each of the last 3 quarters of FY23.

On the technical charts, the 200-day moving average of the stock stood at Rs 1192.61.

A total of 32,563 shares changed hands on the counter till 02:04PM (IST)

"As long as we believe there is a future and there is growth and I see no reason to sell unless we need the money for something else. But obviously, we discussed with the board but there is no announcement we made here on this account but I do believe that if there is growth, we should stay."