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The global cryptocurrency market cap jumped to $1.77 trillion, adding almost 3 per cent in the last 24 hours. Total cryptocurrency trading volume tumbled more than 8 per cent to $78.95 billion.

“Dr Reddy’s and Sun Pharma looks quite promising in the pharma pack. The recent correction in the market has given a decent room for a near-term upside. In the metal pack, Tata Steel looks like a value play from here. Vedanta also could do very well and the valuation looks quite promising.”

The recent slide has sent Nifty Bank into a bear market for the first time since March 2020. The index has fallen over 20 per cent from the peak on growing concerns that higher energy prices may curtail India’s GDP growth.

"ONGC, Coal India stocks still have a lot more upside left but this is not from a fundamental perspective. There is no harm holding these stocks fundamentally also. They are very good companies. My decision to buy has been very tactical. Within NBFCs, Mannapuram Finance and Muthoot Finance could again be good tactical calls."

A total of 147,679 shares changed hands on the counter till 10:00AM (IST)

State Bank of India, incorporated in the year 1955, is a banking company (having a market cap of Rs 392950.65 Crore).

Burmans have also sought two non-executive berths on the board but it is not known whether the chairman will be appointed from the family of the largest shareholder.

"The airline will have to go through the whole process starting with proving flights, where the airline will have to demonstrate its ability to operate flights with officials and operating crew on board," said a government official, who did not want to be identified.

LIC IPO is likely to have reservations for eligible employees and policyholders of the company, according to the DRHP.

Pfizer Ltd., incorporated in the year 1950, is a Large Cap company (having a market cap of Rs 20049.17 Crore) operating in Pharmaceuticals sector.