Historically, during 2003-07, when India saw one of the strongest capex cycles, markets zoomed more than 6x. In fact, sectoral indices such as banking, auto, metals, capital goods rallied between 6x to 23x.

With a 30% drop, the ProShares Bitcoin Strategy exchange-traded fund, ticker BITO, is now one of the 10 worst performers when looking at returns two months after a public listing, Bloomberg Intelligence data analyzed by Athanasios Psarofagis show.

Born on August 24th, 1927, in Chicago, Illinois, Markowitz was interested in physics, astronomy, and philosophy in his early days, and was an avid follower of the ideas of David Hume.

A collective investment scheme (CIS) is a pooled investment vehicle in closed ended investment space and the units of the schemes are to be listed on exchange.

In most cases, the industry wants the government to regulate cryptocurrency exchanges rather than regulating the crypto asset per se, said a lawyer who has made one such representation.

It further said the National Stock Exchange (NSE) did not commit any violation of rules.

For the week, the Dow fell 0.3%, the S&P 500 declined 1.9% and the Nasdaq dropped 4.5%.

Reddit had confidentially filed for an IPO in December and is aiming for a valuation of over $15 billion at the time of its flotation. It was valued at $10 billion in a private fundraising round led by Fidelity Management in August.

Yields on the benchmark 10-year U.S. Treasury are on track for their biggest weekly gain since September, 2019, while technology and growth stocks have tumbled and investors snapped up shares of banks, energy firms and other economically sensitive companies.

The government has set a target of Rs 1.75 lakh crore from disinvestment proceeds, including the LIC IPO, in the ongoing fiscal year.