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Amod Malviya and Sujeet Kumar, the other two cofounders, will support the effective functioning of a "CEO-led organisation" and will continue to shape strategic roadmap and investment decisions as active board members.

An ongoing drive to collect data about edible oil and oilseed stocks with the trade and industry will help deter hoarding and bring relief to consumers on prices, union food secretary Sudhanshu Pandey said on Friday.

“In the long term, Bharti Airtel can be a good bet but in the short term, one will have to be cautious if the market comes down and if the stock has moved up sharply.”

On Thursday, the benchmark equity indices closed flat for another day after a lacklustre trading session. Media stocks were in demand, while bank and financial stocks saw selling pressure. Global cues were also mixed.

Brent crude futures for November rose 44 cents, or 0.6%, to $71.89 a barrel by 0324 GMT. U.S. West Texas Intermediate (WTI) crude futures for October was at $68.49 a barrel, up 35 cents, or 0.5%.

Barring Solana, which lost as much as 8 per cent, eight out of the top 10 cryptocurrencies were trading higher at 9.30 hours IST. Polkadot led the gainers with a rise of 15 per cent, whereas Binance Coin and Cardano added 6 per cent each.

Diaz de Leon pointed out that the value of cryptocurrencies have often swung wildly in a single day.

If we look at good performers in the year, large-cap businesses like HDFC Bank, TCS and Infosys did well. Consumer businesses as a space did very well. Many midcap businesses like Relaxo, PI, Aarti, Kajaria did well too.

National Stock Exchange (NSE) on August 26 directed its members, including stockbrokers, to discontinue the sale of digital gold on their platforms by September 10.

After a strong 32 per cent rally in the last one week, Solana, with a market capitalisation of $55 billion, is a few steps behind the fifth largest and dollar-pegged cryptocurrency Tether. Binance Coin is pinned at the fourth spot.