The blue-chip CSI300 index was up 0.45%, the consumer staples sector rose 0.88% and the healthcare sub-index climbed 1.08%.
Nomura recently lowered its forecast for India’s GDP growth to 3.2 per cent year-on-year in Jan-March 2022 from 5.2 per cent earlier.
The pan-European STOXX 600 dropped 0.4 per cent, as of 0830 GMT, weighed down by real estate, tech and industrial stocks, while major global share markets eked out gains.
"Our 2022 outlook from a tactical standpoint is that at least in the near term, you should be a bit cautious because globally, most EM tech stocks have seen a huge correction."
The digital token has dropped about 13 per cent from its recent highs, following the political unrest in Kazakhstan, which is its second largest miner
On the technical charts, the 200-day moving average of the stock stood at Rs 598.79.
Promoters held 43.51 per cent stake in the company as of 30-Sep-2021, while FII and DII ownership stood at 34.97 per cent and 2.03 per cent, respectively.
Amid the emerging electric vehicle (EV) boom and demand for automotive component makers, the marquee investor bought an additional stake in Talbros Automotive Components.
Analysts are also estimating a 20-25 per cent jump in profits for the entire Nifty50 universe
"China is uninvestable, that is not how investing is done that you do not know the rules of the game."
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