The world’s largest cryptocurrency fell as much as 9 per cent to $53,552 on Friday. Ether, the second-largest digital currency, dropped more than 12 per cent, while the wider Bloomberg Galaxy Crypto Index declined as much as 7.7 per cent.
"In case of any proposed preferential allotment results in change in control, the valuation report / certificate from registered valuer should also cover guidance on control premium," Sebi said.
"Hospitality stocks can be the worst hit if lockdowns are implemented in various countries and travel from affected countries like South Africa, Botswana, Germany, and Austria gets impacted," said Amit Kumar Gupta, portfolio adviser at Adroit Financial Services.
The crypto party was on and as participants kept joining the party, its music kept going louder and louder. So loud that some of the saner voices became too difficult to hear. Hardly few understood anything of what was happening or what the product was. All one had to do to make a lot of money was to start with some money.
Robertson, called by some as the “Father of Hedge Fundsâ€, launched his firm Tiger Management in 1980 with $8 million and turned it into over $22 billion in the late 1990s. The 89-year-old billionaire was in the US Navy before working as a stockbroker for Kidder, Peabody & Co., when he and his family moved to New York.
With a new and possibly even more deadly variant of the coronavirus being detected in South Africa, Botswana and Hong Kong, a fresh outbreak of the disease may well be on the cards. When this is coupled with a recent resurgence of Covid-19 in Europe — which has been accompanied by attendant restrictions on activity — the risk to global growth has intensified significantly.
In the international market, gold trading in the green at USD 1,795 per ounce and silver flat at USD 23.65 per ounce.
The Nifty Pharma index closed 1.18 per cent up at 13566.5.
“India is firing on most cylinders. There is a tremendous amount of infrastructure investment that is happening. It has been long overdue but we are now finally seeing it actually taking place, giving rise to a lot of business confidence. â€
On the technical charts, the 200-day moving average of the stock stood at Rs 146.36.
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