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Binance halts withdrawals of major USDC stablecoin

Updated at : 2022-12-13 16:25:03

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Swapping USDC Coin with two other crypto tokens - Paxos Standard and Binance USD - requires using traditional dollars at a bank in New York, Zhao added. "The banks are not open for another few hours. We expect the situation will be restored when the banks open."

“The economy as a whole is firing on all cylinders and balance sheets have got cleaned up. That is rubbing off on the numbers of banks. When it comes to IT, margins have bottomed out and there could be some volume slowdown as we move into FY23. But valuations also have come off. So, anywhere between 1-1.5 PEG for IT as a whole would be a case for decent investment in IT stocks.”

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The Nikkei ended the day up 0.4% at 27,954.85, after hitting a high of 28,116.56, a level not seen since Dec. 1, but then gradually pared those gains during the morning session and traded mostly sideways in the afternoon.

InterGlobe shares down 1.47% as Nifty gains

Updated at : 2022-12-13 15:20:03

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A total of 12,079 shares changed hands on the counter till 02:06PM (IST).

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"Based on how macro things play out, we expect Nifty to trade in a range from 17K-20K. In our base case we value Nifty at 21.5x near +1SD to its long-term average with a target of 19.5K," BofA analyst Amish Shah said in a report.

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On the technical charts, the RSI of the stock stood at 60.73.

Buy BSE, target price Rs 650: Prabhudas Lilladher

Updated at : 2022-12-13 14:25:03

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The brokerage anticipates further momentum in this stock to scale still higher targets and with also the RSI indicator reversing its trend signaling a buy, it has maintained a positive bias.

Out of the 12 crore users, about 42% fall in the 30-40 age bracket, followed by 23% in the 20-30 and 11% in the 40-50 age bracket. Since 2008, the highest annualised growth of 31% has been recorded in the age bracket of 30-40. About 20% of the new additions came from Maharashtra, followed by 10% from Gujarat and 9% from UP.

Brokerage firms see enough money-making opportunities in a number of stocks. Based on their recommendations, here are some top picks from brokerage firms where traders can initiate buying for short-term gains.

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