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The brokerage is also bullish on Jhunjhunwala-owned Escorts, thanks to cautious optimism for tractor demand. It has a buy rating in the Escorts with a target price of Rs 2,069, which is about 34 per cent up from its previous close.

Gates has criticized crypto before, sparring with Elon Musk last year over whether Bitcoin is too risky for retail investors and the environmental harm of mining coins.

A total of 4,283 shares changed hands on the counter till 11:11AM (IST)

Stocks that were in focus included names like HPCL which was down by nearly 6 per cent, Adani Enterprises which rose more than 5 per cent, and Adani Wilmar which rallied nearly 5 per cent on Monday

“GMM Pfaudler management has done a terrific job in taking a small Indian company and turning it into a mini multinational. They can last the distance and become a global leader in glass lined and ceramic reactors. Alkyl Amines is the market leader in Aliphatic Amines in India and the API industry is coming to India. The third is Fine Organics, the market leader in emulsifiers.”

“I wish I could buy something safe. Silver is probably less dangerous than other things, gold is probably less dangerous, and I am not buying then now because in a big collapse everything goes down, but I will probably buy more silver when it goes down further.”

Motilal Oswal Financial Services Ltd., incorporated in the year 2005, is a Mid Cap company (having a market cap of Rs 11401.08 Crore) operating in NBFC sector.

Multiple people familiar with the fundraising told ET that the proceeds will be deployed to meet the capital needs of local companies seeking funds through a mix of either debt and equity, or through customised financing options.

Shrinkflation, or companies reducing pack sizes without lowering prices, also played a part in volume decline. Consumers paid 10.1% more per kilo for FMCG products during the period compared to a year ago while the pack size was reduced by 15% on average.

"Against a backdrop of sky-high inflation, rising rates, and growing recession concerns, the S&P 500 has had its worst start to the year since 1962," noted analysts at Goldman Sachs.That would be the biggest increase since 1994, and markets already have rates reaching an eye-watering 3.75-4.0% by the end of the year.