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Paytm has lost nearly two-third of its value as the IPO at issue price had sought a valuation of about Rs 1.39 lakh crore.

"Buffett and Munger have criticized crypto at various forums, but they are well aware of the technological advancements and role of crypto in shaping financial markets," said Aliasgar Merchant, Developer Relations Engineer, Tendermint.

On the technical charts, the RSI of the stock stood at 41.43.

A total of 22,985 shares changed hands on the counter till 02:11PM (IST)

The board of directors has approved to offer, issue, create and allot equity shares up to Rs 4,600 crore to the government by way of preferential issue of equity shares, the bank said.

Foreigners bought derivatives of 232.51 billion yen but sold a net 14.87 billion yen in cash equity markets, the lowest outflow in five weeks.

The blue-chip CSI300 index rose 0.2% to 4,629.16, while the Shanghai Composite Index gained 0.1% to 3,468.04.

“It has been a year of excellent growth. It has also been a year of many milestones; as an industry, we crossed $200 billion in revenue to touch $227 billion, which is a growth north of 15% on a year on year basis. Granted we had the benefit of at least one quarter if not two or three quarters of low base effect, but still it was a fantastic growth performance by the industry,” says Nasscom Vice-Chairman.

“Midcap and large cap software companies, especially more midcap companies, will continue to surprise as far as their topline growth rates are concerned and even smaller mid-sized projects for midcap companies can make a huge difference in their top line. If one wants to avoid inflation related issues, then of course, software is one sector,” says Dipan Mehta

The stock quoted a 52-week high price of Rs 442.95 and a 52-week low of Rs 261.1.