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In an interview with ETMarkets.com, former RBI Governor Dr D Subbarao said RBI’s concerns over cryptocurrencies like Bitcoin are three-fold.

The Relative Strength Index of the stock stood at 50.31 on Friday.

A total of 38,876 shares changed hands on the counter till 12:57PM (IST)

The Rs 1,283 crore IPO, which was sold from September 14 to 16, had been subscribed 11.47 times during its offer period. The auto component maker received bids for 13,88,39,000 shares compared with 1,21,09,166 shares on offer.

The Relative Strength Index of the stock stood at 71.15 on Friday.

The stock quoted a 52-week high price of Rs 1823.0 and a 52-week low of Rs 1339.3.

Among the top 10 coins, XRP was the biggest loser, down nearly 3 per cent. Solana also fell over 2 per cent. Ethereum, Binance Coin and Dogecoin were down over 1 per cent each. Polkadot and Bitcoin gained marginally.

Promoters held 54.9 per cent stake in the company as of 30-Jun-2021, while FII and DII ownership stood at 17.84 per cent and 11.71 per cent, respectively.

“So there are various levels of exposures that people have. Some are heavily into equities. They should take out some profit. For people who are just 5-10% into equities and have just started their journey, they do not really need to change their strategy too much.”

In the spot market, highest purity gold was sold at Rs 46,694 while silver was priced at Rs 60,788 on Thursday, according to the Indian Bullion and Jewellers Association.