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The shares were bought from promoter Shri Sukumar Srinivas at Rs 755 per share.

Vinayak Yannam, Co-founder and CBO, Sportzchain said, "We are keen to develop the sports NFT market in India. We are extremely thrilled to be the first in the ecosystem to launch the phygital collectibles of a Kabaddi team. Previously, fans had no medium to buy such memorabilia, especially one that honors a team’s achievements."

Bank, auto and financial services sectors were among the worst performers, while metal stocks shone. Some consumer names fell as they mulled another round of price hikes.

At the interbank foreign exchange market, the rupee opened at 76.08 against the American currency, then lost further ground to settle at 76.15, down 31 paise from the previous close. On Thursday, the rupee spurted by 37 paise to close at 75.84 against the US dollar. The forex market was closed on Friday on account of Holi.

When it comes to global investments, we believe passively managed exchange traded funds (ETFs) are a more efficient way to invest in equities. This avenue is extremely popular especially when it comes to developed markets. The assets under management for some of these ETFs are a testimony to that.

In the recent budget, the government proposed to tax gains at the rate of 30 per cent but there was still some confusion on how gains and losses will be calculated. This reply clarifies one of those doubts.

“One should be avoiding inflation sensitive stocks rather than crude or anything else. When I say inflation sensitives, services is one sector which is almost immune to the inflation part. So banking as a sector as a whole and specific stocks, AMCs, the rating agencies are inflation immune. That is why services is one sector one should load up on in the portfolio.”

The Nifty IT index closed 0.75 per cent down at 35377.75.

Downsides seem to be limited at this point in time, as strong support is placed around 17,000 level in the form of 200-day simple moving average.

In less than a week since its inception on March 17, the new sensation has delivered multibagger returns to investors.