One should be conscious of the environment but I do not think ESG will be a theme over a longer period of time to grow and make more money in the stock markets, says Milind Karmarkar.
The largest stablecoin issuer, Tether, has been fined by both New York state authorities and the CFTC for misleading investors by claiming that all its tokens were backed by dollars and other fiat currencies, when they were not.
The company, founded by renowned money manager Prashant Khemka, had received Sebi’s nod for registration of GPL Finance as a sponsor and change in control of YES Asset Management and YES Trustee Limited to GPL Finance back in September.
The stock quoted a 52-week high price of Rs 5183.3 and a 52-week low of Rs 1987.25.
The Sandbox, majority-owned by blockchain gaming developer Animoca Brands, allows players to build, own, and monetize their virtual gaming experiences on the Ethereum blockchain. It provides creators with ownership as NFTs and offers tools to create assets on the platform.
A total of 19,118 shares changed hands on the counter till 01:57PM (IST)
The stock quoted a 52-week high price of Rs 153.75 and a 52-week low of Rs 86.95.
Investors may look at buying gold this Dhanteras (Diwali). Prices are fluctuating below Rs 48,000 per 10 gram and holding support near Rs 45,500 per 10 gram at MCX. This steady trading range is another opportunity to accumulate gold before a breakout.
The issue has generated mixed recommendations from analysts, with some raising questions over the valuations. However, the majority believe it is an issue worth subscribing to, given the underpenetrated insurance market.
Promoters held 51.57 per cent stake in the company as of 30-Sep-2021, while FII and DII ownership stood at 17.88 per cent and 18.21 per cent, respectively.
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