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“Retail investors may shift from large banks to undervalued IT stocks from a three to five-year perspective. This strategy will most likely create an alpha on their current investment portfolio.”

Nearly three-quarters of tree growers said their wholesale prices would probably be 5% to 15% higher than last year

On the 500 index, about 400 shares settled in green, whereas more than 100 stocks ended in red. About two dozen counters rose in double digits but none of the stocks dropped more than 7% for the week.

The initiative by ICICI Bank offers builders instant generation of account numbers for registration with the Real Estate Regulatory Authority (RERA), better statutory payments efficiently and also enables them to manage payment obligations to vendors, employees and utility providers.

“I was also spiritually initiated from a very early age. I chant the Gayatri Mantra in the mornings and evenings and perform some spiritual practices every day which fortify me mentally.”

Benchmark indices have risen 11-12% since early October as foreign funds resumed buying activity, making Indian markets among the best performing in the world.

Brent crude futures were up 37 cents, or 0.4%, at $87.25 per barrel by 1441 GMT

SBI, the country’s largest lender, received overwhelming response from investors with bids of Rs 16,366 crore, prompting an early closure of the issue. It was scheduled to close next week.

The 30-share Sensex ended 416 points lower at 62,868 dragged by auto, banking and financial stocks, while its broader peer Nifty 50 ended below 18,700 level

Historically, investing in art was a privilege limited to the affluent populace. With the emergence of fine art NFTs, several business houses, organizations, and individuals have started considering it as an investment avenue, just like equities, mutual funds, fixed deposits, etc.