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Ahead of the presentation of the Budget, Vineet Sukumar lists out a few key ways in which the government could facilitate greater investment from AIFs and in particular enable more access to capital markets for small industries

“We are focussing more and more on competency building rather than chasing market share.”

Scalability is a major issue for Ethereum. The inherent Proof-of-Work mechanism became dated as the demand for ecosystem usage grew, and it can now only handle 13 transactions per second.

Analysts said since Nifty50 has been failing in its attempts, it is time to be cautious.

Coforge joined its peers reporting a strong set of numbers. It eventually ended up 7 per cent to Rs 4,690, but still remains below its 52-week highs at Rs 6,135

Net profit increased to Rs 2,131 crore, up from Rs 1,854 crore a year ago largely due to 18 per cent growth in advances on the back of a brisk 29 per cent growth in retail loans.

The 30-share pack Sensex declined 76.71 points or 0.13 per cent to close at 57,200.23. The index plunged 884 points from the day’s high. Its broader peer NSE Nifty50 declined 8.20 points or 0.05 per cent to 17,101.95.

A sharp sell-off in banks and auto stocks, with the negative global cues, dragged the markets lower.

Revenue from its chemicals business increased to Rs 1,181.78 crore during the quarter from Rs 795.73 crore in the year-ago period.

“The US market has to correct more. The issue is that if the US corrects more, does it make us also come down or up? I think it is quite reasonable to expect that we will outperform but will that outperformance mean that we are falling less or does it mean we can go up on our own.”