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"The long bear candle of the last two sessions signals a faster downside retracement of the last 5-6 sessions of upmove. This is a negative indication and signal that bears are in a driver’s seat," he said.For the day, the index closed at 17,490.70, down 267.75 points or 1.51 per cent.

Shankar Sharma has come onboard in his personal capacity, said the Annapurna Swadisht press release. Sharma and a few other investors bought a total 7.85 per cent stake in the company.

“There are always two portions in a portfolio that one has to manage. One portion is high confidence and reasonable returns and that is where ITC fits in and that is the stable part of the portfolio. The other one is reasonable confidence and high return and that is where Vedant Fashions, Campus and Zomato fit in.”

Investors who prefer to buy and hold digital assets for an extended period can leverage the future credit feature to further capitalise on market movements.Futures are commonly associated with commodity trading, however, it is also available for multiple forms of assets including the new age crypto tokens.

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The Nifty Realty index closed 2.51 per cent down at 439.1.

“In infrastructure, we are going through a new capex cycle. In the last cycle it was largely the power sector which had huge capex and was driving the overall capex situation in the country. But this new cycle is more about the private capex where the capex size or size of the projects are much smaller. Equipment companies are likely to benefit much more than the larger EPC companies. ”

ndia Blockchain Forum has been started with a vision to make India a global hub for Blockchain and Web3.0. It shall create community chapters across the country to increase awareness and access to global best practices.India Blockchain Forum envisages a collaboration model with governments, Regulators, Industry and academia to help build a holistic framework for the right adoption of blockchain and web3.0.

The stock traded at a P/E multiple of 38.33, while the price-to-book value ratio stood at 4.96.

"The situation has dramatically turned negative for GAIL in the past few weeks. GAIL’s 2.5 mmtpa (about 15 per cent of its LNG portfolio) contract with Gazprom has run into rough weather due to the ongoing Russia-Ukraine crisis. Rather than being in surplus, it is now significantly short on LT LNG. Thus, the ability to surprise by making large gains on opportunistic sales as such is low," Kotak said.