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The Nifty Realty index was trading 0.66 per cent down at 445.85.

It estimates Delhivery to reduce adjusted EBITDA losses significantly (almost breakeven in Q3FY23E) and return to adjusted EBITDA profitability in Q4FY23E (~2% adjusted EBITDA margin).

“Look at internet companies last year. They did not have even earnings basically but the outlook was looking great. People kept bidding up the prices and we have to look at where the demand is coming from. So things will keep getting expensive but basically one has to be there in the early part of the cycle. In order to ride out the entire cycle, it is very difficult to take valuation calls in areas where the growth is looking to go bust.”

The decline in oil prices should support bond prices but we have seen selling pressure as traders felt that the rally was overdone, a treasury head at a state-owned bank said.

As per Trendlyne data, the highest target for stock goes up to Rs 920, while the average estimate of Rs 767 shows an upside of the potential of around 25% from the current market prices. Out of the 14 analysts covering the stock, seven of them have strong buy and buy ratings, while only six have strong sell and sell ratings and the other one has a hold rating.

The GARI token can be traded on crypto exchanges and later withdrawn into the crypto wallets. Bengaluru-headquartered Chingari claims to be the world’s fastest-growing on-chain short video app.

"We still believe Russian production will decline about 0.6 million barrels per day from here, with risks of a deeper, more abrupt disruption, still present," the bank said, warning that inventories could deplete once again in the first half of 2023 if OPEC and its allies maintain current output quotas.

“In the medium to long term, soda ash demand is going to be firm and the prices are likely to be firm also. A small dip which has happened this quarter may continue for another quarter. We have taken a price correction of around 2.5% to 3%. I do not see any major drop going forward from here. In my view, prices will remain firm or balanced to firm, going forward.”

The strategists estimate the S&P 500 will end 2023 at 4,000 index points -- just 0.9% higher than Friday’s close -- while Europe’s benchmark Stoxx Europe 600 will finish next year about 4% higher at 450 index points. Barclays Plc strategists led by Emmanuel Cau have the same target for the European gauge and said the path to get there will be “tricky.”

FTX and its affiliates filed for bankruptcy in Delaware on Nov. 11 in one of the highest-profile crypto blowups, leaving an estimated 1 million customers and other investors facing total losses in the billions of dollars.