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The global cryptocurrency market cap was trading at the $913.70 billion mark, dropping more than a per cent in the last 24 hours. However, the total cryptocurrency trading volume was flat, up by a per cent at $56.35 billion.

“The IT businesses which commanded great valuations and even banks are available at two times price to book, 1.8-2.5 price to book. How can these new age companies, where NASDAQ companies are getting crashed, would command this sort of a valuation premium? All these are leading to extended fall in these companies”

A mid-year survey of a dozen brokerages by ETMarkets shows that many analysts are not ruling out a dip of another 5-10 per cent within the calendar year 2022.

Axis Bank Ltd., incorporated in the year 1993, is a banking company (having a market cap of Rs 197185.25 Crore).

Earlier this month, Reliance Industries Limited together with private equity group Apollo Global Management Inc made a firm and fully financed offer to buy Boots – Britain’s biggest pharmacy chain – for $6.3 billion, much lower than original 7 billion pounds ($8.8 billion) price tag that was sought by Walgreens.

The agency suspects that the entire amount received by Yes Bank to DHFL has been laundered by the accused brothers Kapil and Dheeraj Wadhawan. Along with the Wadhawan brother, the promoter of Yes Bank, Rana Kapoor has been arrested in the said case.

Senior Advocate Abhishek Manu Singhvi, appearing for BSE-listed Adani Ports & SEZ, informed the top court that there was extreme urgency in the matter and sought its intervention to list and hear the matter on Wednesday. However, the vacation bench of Justices Surya Kant and JB Pardiwala directed the company to approach the registry for the same.

State Bank of India, HDFC Bank and ICICI Bank acquired a 9.54 per cent stake each in Perfios Account Aggregation Services Private Limited. Banks acquired 8,05,520 equity shares each by paying Rs 4.03 crore each for the stakes.

"We are taking a cautious approach to Greater China, given uncertainty around additional COVID disruptions," Nike Chief Financial Officer Matthew Friend said.

These companies had announced final dividends. Sundaram Finance (Rs 0.75 per share) had also announced a special dividend. Venus Pipes & Tubes and Precision Containeurs are among the companies that will announce their quarterly earnings today