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The country’s largest real estate developer soared over 9 per cent as the maniacal buying in real estate stocks continued in the hope of a multi-year ‘supercycle’ for the sector.

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As of 30-Jun-2021, promoters held 38.2 per cent stake in the company, while FIIs held 19.17 per cent and domestic institutional investors had 2.6 per cent.

One was the launch of Jio and the second was UPI transactions, micro transaction infrastructure. 2017-2018 was a pivotal period for Indian gaming to take off. Covid accelerated some of those trends especially in e-sports where more participative foundation tournament people started playing.

Stock market update: Nifty Auto index advances 0.86%

Updated at : 2021-09-23 18:20:02

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The Nifty Auto index closed 0.86 per cent up at 10372.95.

There were lot of fence sitters who were waiting for interest rates to further come down, prices to correct further and there were lot of negativity around stuck projects, delayed projects. So if you notice, the government has been very heavy handed in terms of cleaning this industry.

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Nifty formed a bullish candle on the daily scale and is forming higher highs and lows on the daily scale.

Gold declines by Rs 294; silver gains marginally

Updated at : 2021-09-23 18:20:02

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In the international market, both gold and silver were flat at $1,768 per ounce and $22.78 per ounce, respectively.

In an interview with ETMarkets.com, the former governor said the intermediary function of commercial banks would come under stress if the CBDC offered by RBI becomes an interest-bearing instrument.

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The Nifty Pharma index closed 0.32 per cent up at 14380.5.

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Gold prices dipped on Thursday after the U.S. Federal Reserve signalled easing its monthly bond purchases by next year and a sooner-than-expected interest rate hike, which could increase the opportunity cost of holding the non-yielding bullion.

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