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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)

“A recession is highly likely in the Euro zone at this point and the European Central Bank has to raise interest rates regardless. One has to ask oneself, what is worse for the Euro area? Is it two consecutive quarters of shallow contraction or is it many years of high inflation? ”

Now, let us move on to the fundamental difference between meme stock and meme coin. Even if say a meme stock’s market prices shoot to the moon, the business organisation associated with the same does not grow in value. However, with meme coins, the fundamental value of the coin seems to skyrocket with its price

We continue to make investments in strengthening our value proposition as well as building the organization to further accelerate the digital transformation of businesses. We look forward to capitalizing on the emerging opportunities arising from the increasing adoption of the internet on the back of investments made in the recent quarters, as well as, a strong balance sheet.”

Century Plyboards (India) Ltd., incorporated in the year 1982, is a Mid Cap company (having a market cap of Rs 12730.51 Crore) operating in Building Materials sector.

​The market rally in July has made Jain the first fund manager in India to oversee Rs 1-lakh-crore equity assets.

The Nifty Pharma index was trading 0.06 per cent down at 12644.65.

On the domestic equity market front, the 30-share Sensex was trading 250.95 points or 0.45 per cent higher at 55,932.90, while the broader NSE Nifty was up 71.10 points or 0.43 per cent to 16,676.35.