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Bitbns hosts more than 400 cryptocurrencies on its platform. TRACE has joined as the latest addition, following comes after successfully listing several other popular metaverse tokens, including Alien World, RFOX, and DEAPcoin.

The Indian government is looking to sell a 3.5% stake in the state-owned insurance behemoth and the IPO is likely to open in the first week of May. The price band for the per equity share is likely to be announced tomorrow, the sources said.

Broad-based buying pushed the headline indices higher, with financials, IT and oil & gas stocks pushing the 30-share pack Sensex 776.72 points or 1.37 per cent higher to settle at 57,356.61. Its broader peer Nifty50 also advanced 246.85 points or 1.46 per cent higher to close at 17,200, led by a 6% rally in Adani Ports and Bajaj Auto.

“A large part of LIC’s IPO and overhang is already priced into the stock. Closer to filing the DRHP, we had seen prices of the private life insurers correct. Post that, there has been some recovery. I believe that private life insurers are a compelling bet and this sort of an event is a good time to enter those names.”

The platform will enable tokenization of equity to issue ESOPs, raise funds and improve governance through smart contracts, making startup equity a more liquid asset class.

The token, which is being traded on very limited decentralized exchanges, has zoomed as much as 10,520 per cent to $0.000009444 from 0.000000188 in just 24 hours.

In the latest development to pose upside risks to India’s inflation, Indonesia announced a ban on exports of palm oil on Friday in order to ensure adequate supplies in the country.

The profit figure came largely in line with ET NOW poll estimate of Rs 360 crore.

“The larger banks like HDFC Bank, SBI and even ICICI Bank for that matter would have an advantage. If the credit growth starts moving up, the banking stocks could have a relatively better outlook going forward as well. Also remain selectively invested in quality IT stocks like TCS and Infosys which are getting multiyear order books worth billion dollars in every successive quarter and also some mid tier IT companies.”

The private sector lender has moved National Company Law Tribunal (NCLT) seeking initiation of insolvency proceedings against Zee Learn, according to a regulatory filing.