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Tech Mahindra was the best performing stock in the 50-pack index followed by Tata Motors, Tata Steel, SBI Life, Bajaj Finance, Infosys, Bharti Airtel, State Bank of India, Wipro and Bajaj Finserv.

“At a portfolio level, one should expect a minimum of a 10% move against you at any point in time and perhaps it is more important to expect a higher move as well because in the long term, markets correct 30-40%, then come back.”

The Bitcoin rally has been driven by an increase in institutional demand after Bitcoin-linked ETFs were rolled out in the US last week, said ZebPay Trade Desk.

In the September 2021 quarter, the company’s net profit was at Rs 1,338.7 crore as against Rs 1,064.6 crore in the year-ago period. The company’s revenues for the recently concluded quarter revenues came in at Rs 10,881 crore, up 16 per cent YoY.

Ceat Ltd. key Products/Revenue Segments include Automobile Tubes, Scrap, Other Operating Revenue, Royalty Income, Others for the year ending 31-Mar-2021.

The stock was trading at Rs 110-120 in the previous week but it has now shot up to Rs 210-220 after the announcement of the two new teams. The scrip was trading at Rs 90-100 a month ago in the informal market.

A total of 55,894 shares changed hands on the counter till 10:46AM (IST).

Tata Elxsi Ltd., incorporated in the year 1989, is a Mid Cap company (having a market cap of Rs 36827.80 Crore) operating in IT Software sector.

The Nifty Auto index was trading 0.89 per cent up at 11328.3.

“If you have a carefully chosen diversified portfolio, which means at least 25 stocks and keep it diversified not just in terms of number of stocks but in terms of sectors and carefully chosen through some method, then you can live with it.”