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National Fertilizers net income rose on a consolidated basis to Rs 3,701.19 crore during July-September 2021, compared with Rs 3,183.64 crore in the year-ago period.

Consolidated revenue for the quarter stood at Rs 351.32 crore. It was Rs 141.80 crore for the same period a year ago, it added.

Overnight funds primarily invest in debt instruments with a residual maturity of one day. In simpler terms, the entire asset holding of the funds can be classified as “cash and cash equivalents”.

The board has "approved subdivision of every 1 equity share of the nominal/face value of Rs 2/ each into 2 equity shares of the nominal/face value of Re 1/- each, subject to the approval of the shareholders at the extraordinary general meeting scheduled to be held on December 16, 2021," the company said.

Even if the markets are consolidating, it is not as if that there is a dearth of opportunities. The markets are still providing a lot of opportunities for short-term traders.

Nifty is clinging on to a rising trend line support on the weekly charts. Meanwhile, on the daily chart, it is busy defending a head and shoulder pattern which can potentially turn bearish.

According to Peter Lynch, “If you are in the right sector at the right time, you can make a lot of money very fast”.

Tesla shares, whipsawed after co-founder Elon Musk asked Twitter users whether he should sell a 10% stake in the electric car firm, are in focus.

Ahead of its listing on Monday, the scrip was trading at a premium of Rs 220 apiece, which is about 135 per cent over its issue price of Rs 163.

Bitcoin-as-an-inflation-hedge arguments have been around since the token was created in 2009 following the great economic recession. The premise has gained momentum as prices on everything from food to gas to housing have advanced faster and been stickier over the past few months than many economists had anticipated.