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The Indian rupee opened on a flat note against the dollar on Wednesday ahead of the US Fed meeting outcome, Sriram Iyer, Senior Research Analyst at Reliance Securities, said.

“The regulators, the government, RBI especially has been spot on in implementing these taxes and banning payment gateways from transferring money to crypto exchanges. This probably happened when Bitcoin was at say $50,000 or whatever and in this last fall to $20,000, Indian retail to a certain extent didn’t have to face the extent of trouble their foreign peers might have seen due to opportune regulations.”

Shree Cements Ltd., incorporated in the year 1979, is a Large Cap company (having a market cap of Rs 69317.25 Crore) operating in Cement sector.

MFs held 1 lakh Maharashtra Scooters shares worth Rs 48 crore at the end of April. They held Rs 62 crore worth 2 lakh shares in the company at the end of May.In PCBL, MF increased holding to 1.03 crore shares from 81 lakh shares. They owned PCBL shares worth Rs 109 crore at May-end against Rs 90 crore a month ago.

On the technical charts, the 200-day moving average of the stock stood at Rs 1190.73.

The brokerage is also bullish on Jhunjhunwala-owned Escorts, thanks to cautious optimism for tractor demand. It has a buy rating in the Escorts with a target price of Rs 2,069, which is about 34 per cent up from its previous close.

Gates has criticized crypto before, sparring with Elon Musk last year over whether Bitcoin is too risky for retail investors and the environmental harm of mining coins.

A total of 4,283 shares changed hands on the counter till 11:11AM (IST)

Stocks that were in focus included names like HPCL which was down by nearly 6 per cent, Adani Enterprises which rose more than 5 per cent, and Adani Wilmar which rallied nearly 5 per cent on Monday

“GMM Pfaudler management has done a terrific job in taking a small Indian company and turning it into a mini multinational. They can last the distance and become a global leader in glass lined and ceramic reactors. Alkyl Amines is the market leader in Aliphatic Amines in India and the API industry is coming to India. The third is Fine Organics, the market leader in emulsifiers.”