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Musk, the world’s richest person and the chief executive officer of Tesla Inc., is no stranger to social-media posts on cryptocurrencies. Last May he said he hasn’t “and won’t” sell any Dogecoin, a token created in 2013 as a joke and for which he’d become a proponent. In October, Musk said he owns Bitcoin, Ether and Dogecoin.

“We are going to have steady rather than supernormal returns this year. Inflation is good for equities in terms of both EPS and bonds and will probably help equities deliver okay returns. In a world which has such high inflation, it is almost like saying the cost of not being in equities is more than the cost of being in equities because bonds are the frontline of fragility.”

As of 31-Dec-2021, promoters held 0.0 per cent stake in the company, while FIIs held 25.07 per cent and domestic institutional investors had 12.68 per cent.

In October 2020, DLF had pre-leased 7.7 lakh square feet office space to Standard Chartered Global Business Services (GBS) and the latter has an option to take the remaining area. "The total construction cost is estimated at around Rs 550 crore," Sriram Khattar, managing director of DLF Rental Business, said.

Citigroup believes that Nykaa has built a strong platform along with brand presence among online shoppers, especially in its core cohort of 18-45-year-old urban women.

The stock quoted a 52-week high of Rs 2468.8 and a 52-week low of Rs 715.6.

“The $60-80 per barrel price range is sustainable for ONGC. In fact, that is the way we are planning capex investment in the projects and the projects which we are taking for a further go ahead from the board. We normally try to fit in that range and then look at the IRR and the NPV in times to come.”

A total of 85,943 shares changed hands on the counter till 12:48PM (IST)

The global cryptocurrency market cap today dropped lower to $1.72 trillion, down about 3 per cent in the last 24 hours. Total cryptocurrency trading volume jumped as much as 16 per cent to $62.45 billion.

Kotak Institutional Equities finds risk-reward reasonably balanced in sectors such as banks and diversified financials, capital goods, real estate and specialty chemicals.