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Silver also gained Rs 304 to Rs 60,016 per kg from Rs 59,712 per kg in the previous trade.In the international market, gold was trading higher at USD 1,820 per ounce and silver was trading flat at USD 21.35 per ounce.

“We are doing greenfield projects but to grow faster and to stay ahead of the market, it really makes sense to invest in existing businesses that are doing well in different spaces within the gaming space. We are planning to invest and acquire many more gaming studios in India and outside of India, to scale up our premium business rapidly in this year and next. ”

The bank said it plans to borrow the funds through debt securities including nonconvertible debentures, MTN (Medium-Term Notes), bonds (including forming part of tier I/II capital). It may also include long-term infrastructure bonds or such other securities, including securities to be issued from its offshore branches and/or the IBU (IFSC Banking Unit) situated at the GIFT City IFSC.

D-Street has been uneasy about aggressive Federal Reserve policy tightening amid stubbornly high inflation and its domino effect in India. Expectations that the US central bank may hike interest rates by 75 basis points later today also heightened concerns of a looming recession.

The Nifty Bank index closed 0.08 per cent up at 33339.0.

currency depreciation vs dollar. The dark blue line is the rupee and as we can see only the Mexican.Peso has done well if we look at the other emerging currencies like Yuan, Turkish Lira, and Pakistan.Rupee. The only currency that has done well vs dollar was the Russian Ruble.The RBI has been very vigilant in the past to lessen the damage of the Rupee and even right now

The brokerage highlighted that Zomato has to attempt to build its grocery business closer to the middle of this framework and leverage technology to design and manage its dark stores to offer 4,000-5,000 stock-keeping units with a 10-60 minutes delivery turnaround time.

This has led to a drop in his holding in Delta Corp to 90 lakh shares or 3.365 per cent from 1.65 crore shares or 6.169 per cent stake as of May 31. Earlier, data on substantial acquisition of shares and takeovers on BSE suggested that the ace investor sold 25 lakh shares or 0.93 per cent stake in Delta Corp on May 31.

In an interview to ET NOW, Kumar said the government may not sell LIC stake in FY23 and that the life insurer will engage with the government to protect stakeholder interest. Kumar said investors seem concerned over the value of new business (VNB) and embedded value will be disclosed before the end of June.

“One has to find ideas and keep adding to them gradually as we go long. We do not know when markets will bottom, how deep they will go but the fundamentals of the Indian economy, relative to the rest of the world are in very good shape and that is the positive news.”