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Many Indians may have become crorepatis at least on paper due to Shiba Inu, say industry trackers

BSE Sensex settled below the 60,000 mark on Friday, whereas Nifty50, somehow, managed to hold 17,650 level. However, the broader market outperformed the benchmark indices despite heavy selling.

“India has been a great performing market compared to all emerging markets and I think compared to developed markets too. ”

"In India nobody gets excited with 7% to 8% growth. Any company that does not grow double digit does not excite investors here but in the case of IT services, 7% to 8% dollar growth would very logically translate into low double digits or low teens rupee growth."

The IPO of PharmEasy’s parent API Holdings is expected to be a fully primary share sale. The e-pharmacy — India’s largest — aims to list before the end of the current financial year.

During the year ended March 31, 2021, the company had entered into a transaction for the sale of investments of Rs 1,407 crore with Hindustan Zinc as part of its treasury operations, for which prior approval from the audit committee as stipulated under listing regulations was not taken.

CBDCs are fiat currency in code. They can be programmed for specific use-cases and leveraged for delivery of government benefits and financial inclusion, address concerns around inclusion errors, and strengthen regulation to counter money laundering and terrorist financing.

"Due to outbreak of Covid-19 pandemic and consequent national lockdown, the operations of the holding company during April-September 2020 were considerably affected. However, since then, the impact has significantly reduced as is evident from the physical performance during April-September 2021," the company said in a BSE filing.

"We are getting good bookings in all the fields. We are doing new experiments in the deluxe segments and have been very successful. Very soon if everything turns out to be normal, our luxury tourism will also be back."

November traditionally has started a bullish period for U.S. equities. Since 1945, the S&P 500 has climbed an average of 6.8 per cent in the November-through-April period, the highest average change for any rolling six-month span, compared with an average 1.7 per cent gain from May through October, according to Sam Stovall, chief investment strategist at CFRA.