The newfound stability of the currency could be a sign of the economy getting stronger and more balanced. Our external sector is now much stronger than before and is able to take shock of sudden oil price increases much better.

“The aggregate market and Nifty earnings might not see massive downgrades because of the composition of the index. Banking and financial space, IT services, the oil and gas pack and telecom make up nearly two-thirds of the index. I do not see any significant downgrade there. Metals may see a little upgrade. So, significant downgrade in frontline Nifty earnings is unlikely.”

A total of 6,810 shares changed hands on the counter till 02:09PM (IST).

Shares of BDL have soared 93 per cent year-to-date. HAL is up 35 per cent so far this year while BEL has climbed 15 per cent during the same period against a 1 per cent drop in the BSE Sensex.

Over 300 hundred million people around the world hold cryptocurrency at present and want to support the causes they care about, said James Citron, CEO of Pledge.

The S&P/ASX 200 index slipped 0.4% to a two-week low of 7,454, with all sectors except gold in negative territory.

As a part of the OFS, promoter Meena Bindra will offload up to 37.52 lakh equity shares and private equity investors, Warburg Pincus-backed Highdell Investment and Faering Capital India Evolving Fund will sell up to 1.84 crore and 55.86 lakh equity scrips, respectively.

Wall Street closed sharply lower overnight as investors started the holiday-shortened week in a risk-off mood, as rising bond yields weighed on market-leading growth stocks ahead of key inflation data.

The pan-European STOXX 600 index fell 1.1% by 0713 GMT, echoing weakness in Asian shares, with banks among the worst hit.

The stock quoted a 52-week high of Rs 1696.15 and a 52-week low of Rs 1002.5.