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Participatory notes (P-notes) are issued by registered Foreign Portfolio Investors (FPIs) to overseas investors who wish to be a part of the Indian stock market without registering themselves directly.They, however, need to go through a due diligence process.

In that scenario, the index can attempt to bridge the bearish gap present between 17,690 and 17,710 level registered on August 22 and a close above 17,710 can strengthen the optimism of the bulls further. Contrary to this, a fall below 17,345, on a closing basis, may resume weakness till 17,000 and 16,950 levels," he said

Furthermore, the massive outflow of funds from debt schemes due to losses on mark to market has put pressure on rates that mutual funds demand for buying CPs. Outstanding CP issues in the market are down by a fifth to Rs 3.8 lakh crore."Slowdown in CP issuances is mainly because of sharp rise in short term rates. And borrowers are moving back to banks

The Dow Jones Industrial Average rose 2 points, or 0.01%, while the S&P 500 gained 0.06% and Nasdaq Composite advanced 0.19%.

The company has decided to issue unsecured non-convertible debentures of Rs 2,000 crore on August 25, 2022, through private placement at a coupon of 7.44 per cent per annum with a door-to-door maturity of 10 years, it added.

In the notice, Sebi asked banks and mutual funds not to allow any debit from the accounts of Beckons Industries Ltd (BIL). However, credits have been permitted.Further, the market watchdog directed all the banks to attach all the accounts, including lockers, held by the defaulter with immediate effect.

​The RBI chief said, "cryptos may lead to dollarization of the developing countries like India as the prices of crypto tokens are mostly denominated in dollars."He said that this will create serious financial instability in the country. The RBI governor also added that cryptos pose a serious risk for small investors who are prone to lose their money.

The single currency tumbled to $0.9901 but later clawed back losses to return close to parity with the dollar in afternoon trading.

“With this launch, we are moving a step closer to our aspiration of foraying into mutual fund business; the application will be made to SEBI in this financial year,” said Vaibhav Shah, MD of Monarch Networth Capital.

Creators will be able to derive monetary benefits from the same. Buyers of these NFTs will get 10 per cent of the daily income in Gari tokens earned by the creator on the engagement they receive on their videos on the Chingari app.A unique price has been assigned to every video depending on the activity of the creator on the Chingari app. These NFTs can then be bought by anyone, irrespective of being a Chingari user or not.