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The Nifty Pharma index closed 0.42 per cent down at 12546.85.

Fantom dropped about 22 per cent to hit lows of $1.32 on Monday, according to the data from Coinmarketcap.

Gold prices traded higher with spot gold prices at COMEX trading 1.31 per cent up at USD 1,996 per ounce on Monday.

Hexagon Nutrition, which filed preliminary IPO papers with Sebi in December 2021, obtained its observations letter on March 4 2022, an update with the regulator showed on Monday.

In tandem with the heavy sell-off in equities, the market capitalisation of BSE-listed companies plunged by Rs 11,28,214.05 crore in four days to stand at Rs 2,41,10,831.04 crore.

The idea that such small changes can lead to dramatically different outcomes does not come naturally to us. We often link success (in a highly competitive sport or industry) to making big-bang changes. But as we just saw, that might not always be the case.

“Since a lot of bad things are already priced in most of the prices right now except maybe our yields, probably we will see less depreciation going from here. Technically speaking, 77.19, 77.20 looks a little stable. Basically it may not break above that in this rally itself but the big question is where the oil price is going. ”

The shares, listed on November 18 last year, enjoyed a market value of just over Rs 1.39 lakh crore at the issue price of Rs 2,150.

A bear grip is confirmed when an index or a stock plunges 20 per cent or more from its most recent high.

The Mumbai-based real estate player is eyeing to raise Rs 500 crore via its primary offering, which will entirely consist of fresh issue of shares.