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“For this year, more of value with growth will do well and I would like to avoid commodities, highly valued consumer plays etc as well as some financials this year. On the other hand, select private sector banks, capital goods companies, infrastructure related companies and the entire reopening trade of hotels, multiplexes, select auto should do very well,” says Sandip Sabharwal

Foreign brokerage UBS said domestic sources accounted for over half of 2021 IPO subscriptions, with retail investors accounting for 32 per cent share and domestic institutional investors 21 per cent

“We managed to improve our market share by redesigning the product portfolio and also ramped up our distribution penetration in the northern region. As we improved our market share from around 13% to 13.25%, that has given us a growth which exceeded the market expectations. Q4 will also be good.”

Paytm has lost nearly two-third of its value as the IPO at issue price had sought a valuation of about Rs 1.39 lakh crore.

"Buffett and Munger have criticized crypto at various forums, but they are well aware of the technological advancements and role of crypto in shaping financial markets," said Aliasgar Merchant, Developer Relations Engineer, Tendermint.

On the technical charts, the RSI of the stock stood at 41.43.

A total of 22,985 shares changed hands on the counter till 02:11PM (IST)

The board of directors has approved to offer, issue, create and allot equity shares up to Rs 4,600 crore to the government by way of preferential issue of equity shares, the bank said.

Foreigners bought derivatives of 232.51 billion yen but sold a net 14.87 billion yen in cash equity markets, the lowest outflow in five weeks.

The blue-chip CSI300 index rose 0.2% to 4,629.16, while the Shanghai Composite Index gained 0.1% to 3,468.04.