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Barring the US dollar-pegged Tether and memecoins, all other top crypto tokens were trading lower. Dogecoin surged another 10%, whereas Polygon and Polkadot plunged 5% and 4% respectively.

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Bharat Electronics Ltd., incorporated in the year 1954, is a Large Cap company (having a market cap of Rs 79932.43 Crore) operating in Defence sector.

“This stock had a strong rally from the levels of Rs 63.50 to the levels of Rs 536 post Covid, corrected back to the levels of Rs 366 where it found support. It can be observed that the stock has been consolidating for the past three quarters & is likely to resume its next leg of up move,” Sujit Deodhar, Head - Technical Analyst, Wellworth Share & Stock Broking.

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“If despite the tailwinds in its heyday, Byju’s was not profitable or did not create a buffer, then how is it going to weather even a simple storm? That is the hard hitting reality. There is definitely a marketplace for edtech across the education value chain but it did not grow in a measured fashion and from that perspective, now is the time to make deep cuts.”

During this period, the price has made a Lower Top Lower Bottom pattern. Volumes were quite low in this downfall. The stock gave an upward move to retest its previous high of 272 before witnessing some selloff to make a low of 207 in Sept 2022.

"We expect tightening monetary conditions and weakening global growth to weigh on domestic growth. We foresee $/INR at 85, but not materially worse, as the inherent strength of the domestic economy will play a role in influencing capital flows. We are on the road, but by no means at the end of it, and more volatility remains. "

"One way to clearly play manufacturing will be automation companies like ABB, Siemens, Honeywell Automation which will drive more efficiencies and bring in more automation into the existing processes of these companies – what we call Industry 4.0. That is a clear beneficiary because most of the manufacturing plants need to gear up to take advantage of this new change in environment."

S&P BSE Sensex rose nearly 400 points while Nifty50 closed above 18,100 levels on Tuesday.

“When these kinds of transactions happen, consolidation takes little time but if somebody is a long-term investor, it is a great opportunity to buy HDFC Ltd at the kind of valuation which was unthinkable before the merger was announced. So start accumulating HDFC Bank if you are looking to build a long-term portfolio. ”

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Larsen & Toubro Ltd., incorporated in the year 1946, is a Large Cap company (having a market cap of Rs 284464.62 Crore) operating in Construction sector.

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