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He claims to want transparency but Binance refuses to divulge even basic company information such as where it is registered, let alone submit to a full audit, like a publicly-traded firm would have to undergo.

Marico share price up 0.14 per cent

Updated at : 2022-12-22 11:20:03

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A total of 10,070 shares changed hands on the counter till 10:46AM (IST).

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Through this acquisition, Reliance Retail will get access to a network of Metro India stores located in prime locations across key cities, along with a large base of registered kiranas and other institutional customers, and a strong supplier network.

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Shares of Precision Wires will trade ex-bonus in the ratio of 1:2, while the shares of Zim Lab will go ex-bonus in the ratio of 2:1 Shares of Quint Digital Media will trade ex-rights in respect of its rights issue of 42:37 offered at a price of Rs 50 per share. Supreme Infrastructure’s board will meet for its quarterly results.

“We are at the early stages of a credit cycle uptick. Corporate balance sheets are pretty strong and therefore we maintain that banks will be structurally overweight in this entire uptrend. The recent consolidation is more of a time decay as I see it and the largecap banks are doing pretty well and that follows through with some of the midsize and smaller banks including PSUs. ”

“We are going to see further downside from here but the scenarios keep playing out week after week or month after month. Sometimes, it is more of a goldilocks scenario and there is a more dire recession scenario. This is going to continue into the first quarter or particularly into January.”

Devyani International, incorporated in the year 1991, is a Small Cap company (having a market cap of Rs 22203.29 Crore) operating in Tourism & Hospitality sector.

While Nifty has plunged around 3% so far in December, historical trend indicates that the festive spirit may soon overpower bears. In the last 20 years, Nifty has ended on a positive note in December for 80% of the time. December has the highest average monthly returns of 3.2%, Samco Securities said.

On the downside, the area between 18,133 and 18,080 represents a significant demand zone. As long as Nifty trades above 18,080, the general bullish texture will hold, but below 18,080, we can anticipate a short-term trend reversal,” Santosh Meena, Head of Research, Swastika Investmart Ltd., said.

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The Covid surge in China is driven by a complete reversal of its zero-Covid policy. While infections have touched all-time high, epidemiologists have warned at this rate almost 60% of the Chinese population will get Covid in the next 90 days and there could be multiple such waves.

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