The Nifty Auto index closed 1.05 per cent up at 11256.85.
The sector is feeling the double impact of declining traffic and rising fuel costs
The Nifty Realty index closed 1.2 per cent up at 492.9.
“In the first half, India’s equity market can remain buoyant and resilient. More challenges are like in the second half.â€
Pick-up of capex cycle, easing of supply disruptions key to watch out; polarisation of market share will become more pronounced.â€
Crypto trading platform CoinDCX witnessed a 45.78 per cent spike in installed users between October and November 2021
The past 24 hours saw a massive jump in the traded volumes of ICP, which had been in a bearish territory of late
“While fintechs might take away some part of the profit pool, it would not be large enough to derail the Indian banking valuations. The distinction between fintechs and banks will keep going down and over the next few years, banks have to become fintechs themselves.â€
New fund offers (NFOs) for both schemes will open on January 13 and close on January 27.
Evergrande is struggling to repay more than $300 billion in liabilities, including nearly $20 billion of offshore bonds deemed in cross-default by ratings agencies last month after it missed payments
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