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Bitcoin dropped below the $17,000 mark, whereas Ethereum was trading below $1,250 mark. Crypto market is yet to recover from the jitters and bad news flow of the FTX collapse.

In November, state-run lender Punjab National Bank had said the bank may cut excess SLR reserves to boost credit flow if required, while in September, Reserve Bank of India Governor Shaktikanta Das had said banks can augment systemic liquidity by drawing down on excess cash reserve ratio and SLR.

Investors can make a bid of a minimum of 29 equity shares and its multiple thereof. The issue is open for subscription till Thursday, December 15. Anchor book will be open on Monday, December 12.

The Nifty Auto index was trading 0.24 per cent up at 12901.55.

The exchange has 75 qualified jewellers as of now and 35 more are in pipeline, Gautam said. “They will be able to hedge gold in the IIBX in dollar denomination. We are also planning to launch gold futures and gold option contracts soon.”

As of 30-Sep-2022, promoters held 50.73 per cent stake in the company, while FIIs held 19.21 per cent and domestic institutional investors had 9.18 per cent.

NTPC, incorporated in the year 1975, is a Large Cap company (having a market cap of Rs 166006.92 Crore) operating in Power sector.

There are positive factors favouring India, such as relatively benign inflation compared to world economies, strong domestic growth, robust consumption trends, strong earnings growth expectations, and the easing of commodity prices in the recent months, with a sharp decline in brent crude prices from $110 to now below $80, is like a cherry on the cake.

A total of 251,234 shares changed hands on the counter till 11:42AM (IST)

On the technical charts, the RSI of the stock stood at 63.95.