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BofA Securities said higher capex could be achieved from potential large disinvestments of about $33 billion and a likely subsidy cut, mainly on food subsidy as Covid support normalises.

“We will see sharp pull back rallies in some names but one has to be very careful whether this is buy on dip or sell on rally. For me growth stock is the sell on rally and value is buy on dips.”

Analysts are of the view that this weakness in the market is also an opportunity

The public issue will constitute 41.75 per cent of the post offer paid-up equity share capital of the company.

“I would foresee 2022 as a good year for the start-up ecosystem apart from a small blip that you will see for some time now.”

The digital token has slipped down to the eighth spot among the largest crypto tokens from the fifth position earlier. It has lost two-thirds of its value from the peak of $260 hit last November. The crypto-token was trading around $86.5 on Monday.

India may raise price cap on deepwater gas by 60%: Reliance

The largest cryptocurrency trading down 7.4% at $33,650, its lowest since July 24, taking losses from its all-time high of $69,000 hit in November past 50%.

In the international market, gold was trading with gains at USD 1,841 per ounce and silver was flat at USD 24.25 per ounce.

“Next year, we expect around 10% growth both in retail and mid and large corporates.”