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The global cryptocurrency market cap was at the $900.23 billion mark, up more than 3 per cent in the last 24 hours. However, the total cryptocurrency trading volume zoomed more than 31 per cent to $72.92 billion.

"We believe the Indian economy is amidst a cyclical recovery. In such a scenario cyclical sectors like consumer discretionary & banking tend to witness higher-earning upgrades. Within consumer discretionary, we are positive on two-wheeler OEMs. The two-wheeler industry sales in FY22 have been lower than the industry sales recorded in FY15."

“One can play the capex theme directly through the capital goods space wherein we are very positive and we like L&T which is the proxy on the overall capex theme in India. We also like Siemens and ABB within the capital goods space. We also like residential real estate and here we prefer Macrotech Developers and Oberoi Realty.”

“If I am going to play the inflation trade, I am going to be looking at autos and the banking sector. Those are the two sectors I really want to get involved in. I have talked in the past about cash being king and keeping as much cash as possible. As markets fall, probably it is the time to get more constructive and start putting money to work.”

Hindustan Aeronautics Ltd., incorporated in the year 1963, is a Large Cap company (having a market cap of Rs 58153.33 Crore) operating in Defence sector.

Dabur held 76% in the firm before acquisition of the remaining 24% held by Advanced Chemical Industries through Dabur International. The company has acquired 24% for Rs 60 crore Bangladeshi taka which, according to the present exchange rate, comes to around ₹51 crore.

Overnight U.S. data showed rising costs of fuel, food and rent drove the consumer price index (CPI) up 9.1% last month, leading to worries that the Fed could raise rates by an enormous 100 basis points at its meeting next month rather than the 75 that had been expected.

Stocks that were in focus include MindTree, which rose more than 1 per cent ahead of its June quarter results, KEC International closed with gains of nearly 10 per cent, and Dr Reddy’s Laboratories recorded a breakout from a falling channel on Wednesday.

Shares of Radhe Developers will also go ex-split today. The company had announced the splitting of shares into face value of Re 1 from the face value of Rs 10. Raymond and Surya India will hold their annual general meetings (AGM) today.

As per data available with industry body Society of Indian Automobile Manufacturers (SIAM) as many as 275,788 passenger vehicles were sold last month, which is an increase of 19% over 231,633 units sold in the corresponding period of the last financial year. The growth in the industry would have been higher at about 26% if we were to include the sales of Tata Motors, which has stopped reporting data on a monthly basis to SIAM.