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The stock quoted a 52-week high of Rs 512.05 and a 52-week low of Rs 350.35.

The slower pace of retracement applies not only to the benchmark indices but the broader market indices too, and the phenomenon offers an incremental buying opportunity, ICICI Securities said.

Budget 2022 proposals continue to further incentivise business and investments in GIFT, taking it a step closer to becoming a destination that global investors can no longer afford to ignore.

The pan-European STOXX 600 gained 0.6%, with chemical stocks and financials in the lead.

“A lot more money will come into India – whether it is equity or fixed income – over a medium term of two-three years timeframe because I cannot think of any other investment destination in the world. wherein fundamentals are so strong, government position is so strong. ”

The steep tax rate on crypto could dissuade trades that have been soaring in India despite the central bank’s warnings about the risks of money laundering, terrorist financing and price volatility.

​Finance Minister Nirmala Sitharaman announced the tax on gains arising from virtual assets at a flat rate of 30 per cent without any exemptions or deductions

Lawyers for the billionaire chief executive officer of the electric-car maker said in a court filing Tuesday that Saudi Arabia’s sovereign wealth fund had indeed agreed to support his attempt to take the company private.

“Businesses or companies are looking to divest away from China as a manufacturing base. All these things come nicely for India to ramp up manufacturing. Some amount of rate hikes would be taken in stride by businesses who are looking to invest or from a market perspective.”

What stands out is the capex strategy of the government which could manifest as India’s formula to sustainable growth