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​In a gazette notification, the Finance Ministry on Thursday said the Anti-money Laundering Legislation has been applied to crypto trading, safekeeping and related financial services

HUL’s annual turnover and profits have more than doubled since 2013 under Mehta’s stewardship

Investors continue to invest in a disciplined manner, notwithstanding the market volatility, said Gopal Kavalireddi, Head of Research at FYERS

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Apparently, as a ripple effect of the global meltdown in the wake of the Silicon Valley Bank (SVB) crisis, Indian equity indices tumbled sharply in a highly volatile session on Friday.

Options data suggests a broader trading range between 17,000 to 17,800 zones, while an immediate trading range in between 17,200 to 17,600 zones.

"The Nifty is at around 17,400 now. Two, one and a half years back it was at a similar level. It has just stuck around there, whereas the US markets have corrected, etc. So that is the thing. If you look at the valuation in 26 indices that we are looking at, India would be very rich in terms of relative valuation, about 50% higher than the average in terms of the average PE ratio that we are looking at."

SVB claimed its deposits were dropping faster than expected owing to increased spending by clients, mainly technology and healthcare startups

The Flipkart IPO has been in the works since the last few years and it was earlier reported that the company is eyeing a listing on Wall Street

The Nifty Pharma index closed 0.14 per cent down at 11683.95.