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"Crypto as a means of payment is logical extension of fintech but crypto as an asset class and crypto as a substitute for currency is an area with which all currencies of the world and all regulators of the world are struggling with. We will find our way with prudence, caution. We have completely clear objective as to who will do crypto in India.

Polycab India Ltd., incorporated in the year 1996, is a Mid Cap company (having a market cap of Rs 33157.95 Crore) operating in Consumer Durables sector.

The Relative Strength Index of the stock stood at 53.14 on Friday.

PVR Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 11853.10 Crore) operating in Media & Entertainment sector.

“From a mid teens Nifty earnings growth which the market was forecasting, we could perhaps end up seeing low teens growth. For us to change this view and call for a big recovery for India, primarily from a point of view of macro as well as for the markets, means a lot of things have to settle on the inflation front.”

The stock quoted a 52-week high price of Rs 1823.0 and low of Rs 1375.55.

Navin Sharma, Chief Financial Officer, Quick Heal Technologies, said, “We have delivered strong growth in revenues within Q1-FY23, through continued demand for our products. The enterprise segment has already become one-third of our overall business and has grown by ~50 per cent YoY.”

The brokerage firm has also maintained a buy on PVR as it believes that the cinema chain had a strong quarter and the outlook remains good on the back of robust content pipeline. It has a target price of Rs 2,460 on the stock.

The Nifty IT index closed 0.7 per cent up at 28342.9.

Out of the total holdings, overseas investors held 2.32 trillion yuan worth of Chinese government bonds at the end of last month, while holdings of quasi-sovereign policy bank bonds stood at 0.86 trillion yuan. ($1 = 6.7673 Chinese yuan)