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Uniqlo clothing shop owner Fast Retailing lifted the Nikkei the most, rising 0.1%. Technology investor SoftBank Group erased its loses to gain 1.1%. Air conditioner maker Daikin Industries was up 1.39%.

The blue-chip CSI300 index was up 0.18% after earlier slipping as much as 0.93%.

Havells India shares rise 0.03% as Nifty gains

Updated at : 2022-02-28 14:35:03

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The stock quoted a 52-week high price of Rs 1503.7 and a 52-week low of Rs 958.35.

Share price of Siemens falls as Nifty strengthens

Updated at : 2022-02-28 14:35:03

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A total of 9,132 shares changed hands on the counter till 01:55PM (IST).

Dogecoin slips out of top 10 crypto ranking

Updated at : 2022-02-28 14:05:04

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Barring the US dollar-pegged USD Coin, all of the top digital tokens were trading lower. Avalanche tanked over 7 per cent while Terra tumbled 5 per cent. Ethereum declined 4 per cent. The global cryptocurrency market cap today stood at $1.71 trillion, a drop of about 2 per cent in the last 24 hours. Total cryptocurrency trading volume, meanwhile, jumped 19 per cent to $80.86 billion.

Billionaire Mukesh Ambani-owned Reliance Industries had transferred leases of some stores to its name and sublet them to Future but is now taking over. Reliance has offered store staff jobs on existing terms.

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“Once this conflict is behind us, monetary policies around the globe will become the central issues for the markets and to that extent it is very difficult to say that the volatility will die down once the conflict is resolved. It may take a breather if there is a relief rally but the change in monetary policies around the globe will be the central issue and will continue for the markets in 2022.”

The bank also said in a statement it had yet to decide whether to open markets other than the forex and money market on Monday.

While taking into account the recent geopolitical tensions, KR Choksey PMS suggests that Nifty50 usually corrects 31-37 per cent on an average in a bull market and that the recovery post bottom formation takes about 4-6 months in case of war crisis and around a year or two in case of consequential events.

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Indian Energy Exchange Ltd., incorporated in the year 2007, is a Mid Cap company (having a market cap of Rs 18382.29 Crore) operating in Financial Services sector.

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