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Users simply take a photo at a live event or encounter with their favorite celebrity via the fan app. The celebrity then receives the photo through the celebrity app while the fan receives an autographed NFT directly to their NFT wallet.

Those offering shares in the OFS include promoters -- Raj P Narayanam and Avinash Ramesh Godkhindi and investors -- VenturEast Proactive Fund LLC, GKFF Ventures, VenturEast SEDCO Proactive Fund LLC, and Ventureast Trustee Company.

Among Sensex stocks, Tata Motors, HUL, M&M, L&T and Bharti Airtel were the top laggards, falling over 1%. Maruti, NTPC, Tech Mahindra, and Bajaj Finance also closed lower.

This is partly also because of the stretched valuations. Currently, India is the most expensive market within the emerging market pack. It is trading at close to 20 times its one-year forward earnings.

The Nifty Auto index closed 0.77 per cent down at 12879.4.

Domestic equity markets are stuck in a range after testing record highs a few weeks earlier. However, market analysts believe that while indices are likely to consolidate in the near term, traders will have opportunities to initiate a trade on both sides.

The stock quoted a 52-week high price of Rs 429.8 and low of Rs 294.75.

The quota reserved for qualified institutional buyers (QIBs) was subscribed 8.71 times while the one reserved for non-institutional investors (NIIs), employees and retailers was subscribed 1.6 times, 2.93 times and 59%, respectively.

“The industry did well on leisure and leisure was really the one that drove the revival in the industry but the prosperity can only come when it is a combination of business and leisure or ‘bleisure’. That is going to come. Save for any Black Swan event, I am very convinced that these are positive days for the sector.”

This multibagger realty stock has surged from around Rs 51 apiece levels to Rs 322 per share in the last three years, surging around 6 times in this time. Meanwhile, the stock has gained more than 500% from its Covid lows.