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"Coinbase did not see a mass migration off its platform during the quarter, but its users are becoming more passive in their cryptocurrency investing," said Michael Miller, equity analyst at Morningstar Research.

"The spectre of a U.S.-Iran nuclear deal continues to hover over the market," ANZ Research analysts said in a note.The European Union late on Monday put forward a "final" text to revive the 2015 Iran nuclear deal, awaiting approvals from Washington and Tehran. A senior EU official said a final decision on the proposal was expected within "very, very few weeks".

HDFC has received approval from the National Housing Bank (NHB) for its merger with subsidiary HDFC Bank, a regulatory filing said on Tuesday.

The audit found that losses from the health insurance business of public sector insurers have either wiped out, or decreased, the profits of other lines of their business, particularly in group health insurance where premium charged was less and claim outgo was more in comparison to retail policies.

LIC has improved market share to 68.57% until July 2022 from 65.42% at the end of June. The market share for the public sector giant is also higher than the 65.11% reported a year ago. LIC collected a total premium of ₹29,117 crore in July 2022, more than double the ₹12,031 crore it had collected a year earlier.

The discussions are happening at a time the Pune-based company is looking to pare its foreign ownership while bringing in domestic private equity funding in the runup to filing its initial public offer (IPO) papers in the next few months. FirstCry has held talks with Mumbai-based private equity firm Kedaara Capital, asking it to participate in the secondary round, multiple people said on condition of anonymity.

HDFC Bank will benefit from partnering with M1xchange with shorter tun-around time and lower administrative costs in booking additional new-to-bank (NTB) corporate buyer relationships, he said.

Pursuant to the allotment of equity shares, the paid-up equity share capital of the bank stands increased to Rs 664.67 crore, AU SFB said. The lender said as many as seven participants in the QIP were offered more than 5 per cent each of the equity shares offered in the issue.

The bank aims to raise as much as Rs 1,000 crore in a private placement and a group of insurers including ICICI Prudential Life and LIC of India is in talks for subscription.

The Dow Jones Industrial Average fell 25.18 points, or 0.08%, at the open to 32,807.36. The S&P 500 opened lower by 6.95 points, or 0.17%, at 4,133.11, while the Nasdaq Composite dropped 86.97 points, or 0.69%, to 12,557.49 at the opening bell.