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"Retail investors have come in a big way that they seem to act like shock absorbers... if FPIs went away, our markets did not really have to show their ups and downs in a very distinct way because small investors in the country have come in a big way," she said.

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“Short term, some kind of rejig and pain can be expected but this move for NBFC provisioning norms will help investors get a good clarity before they invest. As for defence stocks, till now, it has been more of intent, more of talks. Now hopefully action will be there but I will not be in a hurry to buy the companies in this particular sector.”

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A total of 348 shares changed hands on the counter till 02:05PM (IST)

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Titan Company, Dr Reddy’s Labs, UPL, L&T, UltraTech Cement, HUL and Asian Paints were among the biggest losers, down 2-5 per cent. Meanwhile, energy players like ONGC, Coal India, BPCL and NTPC defied the broader trend to gain up to 5 per cent.

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As of 31-Mar-2022, promoters held 68.69 per cent stake in the company, while FIIs held 11.57 per cent and domestic institutional investors had 4.0 per cent.

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UltraTech Cement Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 157846.66 Crore) operating in Cement sector.

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A total of 5,725 shares changed hands on the counter till 12:17PM (IST)

“Looking at the overall scenario in the portfolio, I would say that it would be better to stick to some of the consumer names and some of the banks at the moment because all of these sectors have taken a hit on their chin and some appear to be getting to pretty attractive levels from the way they are reacting.”

How anonymous is bitcoin, really?

Updated at : 2022-06-07 12:20:02

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Bitcoin represents a techno-utopian dream. Satoshi Nakamoto, its pseudonymous inventor, proposed that the world run not on centralized financial institutions but on an egalitarian, math-based electronic money system distributed through a computer network. And the system would be “trustless” — that is, it would not rely on a trusted party, such as a bank or government, to arbitrate transactions

SBI Cards and Payment Services Ltd., incorporated in the year 1998, is a Small Cap company (having a market cap of Rs 73105.30 Crore) operating in Financial Services sector.

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