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The S&P technology and communication services sectors were the best performers in early trade, adding 0.4 per cent and 0.6 per cent, respectively, while Meta Platforms Inc led gains among FAANG stocks with a 3.2 per cent rise.

Morgan Stanley projects India’s GDP growth at 7.8 per cent in 2022-23 (Apr-Mar) and 7.2 per cent the following fiscal year.

Speaking to CNBC-TV18, Sinha said that the parliamentary panel hosted various representatives of cryptocurrency exchanges in India earlier today but the panel did not form any view on the topic.

“In the next two quarters, there could be a marginal decline in the earnings estimate for FY22 or FY23 because of the input price and the commodity price cost which will be on the margin.”

The learning is simple: if you are predictable, people learn to hack you. Markets teach us the same, if we are listening.

Lodha will issue 3.4 crore shares to qualified institutional investors at a floor price of Rs 1184.7 per share, a discount of 7.8 per cent to Monday’s closing price of Rs 1283.45, according to the terms sheet issued by the bankers to the deal.

The Nifty Bank index closed 0.08 per cent down at 38702.35.

In almost the same words used recently by Reserve Bank of India Governor Shaktikanta Das, Nomura said that sticky core inflation is a policy challenge in the coming months.

In the international market, gold trading lower at USD 1,862 per ounce and silver flat at USD 25.18 per ounce.

Pharma, IT and FMCG stocks were in great demand while metals lost their sheen. However, much of the spotlight was stolen by fresh issues that debuted on bourses today.