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It offers better protection against different types of cyber-attacks because of its distributed nature, which removes the single point of attack, Sebi said in a statement.

The Nifty Realty index was trading 0.04 per cent down at 373.35.

The NSE Nifty index closed 2.25 points up at 16636.9

The Dow Jones Industrial Average rose 44.2 points, or 0.12 per cent, at the open to 35,449.68.

Investors experience significant psychological trauma thinking of a loss compared to the pleasure of an equal gain. They, therefore, find value in asset class diversification, which has been shown to limit downside volatility.

"The primary listing of HDFC AT 1 bond demonstrates the competitiveness of both the IFSC exchanges --India INX and NSE IFSC internationally," Manoj Kumar, Executive Director, IFSCA said.

ESAB India and Swan Energy gained on the positive news flow, whereas investors booked profits in the recent gainers. Cash strapped Vodafone Idea was back in the red.

The move in the privatization candidate was spurred by a media report that Apollo Global and I Squared Capital have submitted bids to the government to buy a majority stake in the state-owned refiner.

The direction came after capital markets regulator Sebi said that certain members are providing a platform to their clients for buying and selling digital gold.

Analysts believe back-to-back indecisive candles do not bode well for the index and suggest any fall below the 16,600 level may trigger short-term weakness.