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Sunita Thomas is the wife of Suprabhat Lal and sister-in-law of Ajay Shah.The case relates to NSE not awarding the contract for computing Liquidity Index (LIX) to its own specialised subsidiary, IISL.

In its order, Sebi noted that five entities did not adhere to the provisions of the mutual fund regulations while executing ISTs between open and close-ended schemes of PGIM MF. While executing ISTs, certain low-quality securities were transferred from close-ended schemes to open-ended schemes.

“Nifty has been stuck in a broader range for the last 15 trading sessions and has been witnessing increased volatility. We expect the market to remain subdued with downward pressure going forward as global headwinds remain a key overhang,” Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services, said.

According to media reports, Meta (formerly known as Facebook) has started to roll out NFTs for some US creators on its flagship social network and the mentioned NFTs are based upon Ethereum and Polygon blockchain.

Global brokerage JPMorgan, however, termed the stock reaction as excessive. In a note to investors, it said the fall offers an attractive entry opportunity. It said RIL would have strong underlying cash flows and earnings even after paying export tax

“GRM margin of Reliance in refining business has hovered around 8-10 and previously it used to be around 12. If one takes the mean average of the last 10 years, Reliance’s margin would still exceed the 10-year average. If the de-rating is more sentiment driven by stock market participants – whether it is mutual funds, short term, long term whatever – if the market sentiment gets worse, it is an opportunity for a long term stock.”

"Even in the longer run, VCs have been funding crypto startups on the back of rising retail interest in India. India has the potential to become a leader in the crypto ecosystem. If the growth rebounds, VCs would be willing to fund," he added.However, not everyone

Computer hardware, steel, fertiliser, and coal importers face a possible downgrade, while companies from sectors such as pharma, paper, tea and textile firms may benefit from an upgrade, said, chief rating officers. Even the outlook can be revised.

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"Such market action signals a short-term bottom reversal pattern for the market. This could also indicate a false downside breakout of the small range at the 15,700 level. This is a positive indication, and one may expect upside in the short term," Shetti said.