The crypto market is experiencing a decline on Friday. As of the time of writing, Bitcoin has dropped 1.53% in the last 24 hours, Ethereum has fallen 2.94%, Solana is down 4.20%, Polkadot has slipped 1.16%, and Cardano has decreased by 2.03%. Additionally, meme cryptos like Dogecoin and Shiba Inu have also seen declines of 2.13% and 2.16% respectively. However, Polygon has seen an inc of 9.07%.

A report by American short-seller Hindenburg Research has caused a significant decline in the value of portfolios held by investors in Adani, resulting in a loss of around Rs 4 lakh crore over the last 2 trading sessions. The report, which has been criticized by Adani's team as "maliciously mischievous and unresearched", appears to have had a significant impact on the market cap of the company.

Nifty closed in the green on 8 occasions during the last 15 budget days, with the greatest change of 4.74% occurring at 14,281 on Feb 1, 2021. Nifty increased 1.29% to settle at 4,922 on February 26, 2010, while Nifty increased 1.81% to close at 8,716 on Feb 1, 2017. On Feb 1, 2022, the day before the budget, the Nifty closed 1.37% higher at 17,577.

The share price of Content Corporation of India has reached the level of Rs 635 from the level of Rs 25 in the last 20 years. This government company has given a return of 2450% in the long term. In this case, the investor's 1 lakh became Rs 25.50 lakh, but if you add the bonus shares received 4 times, then this return amount will be Rs 1.19 crore.

India's market regulator has increased scrutiny of transactions made by the Adani Group over the past year and will review a report released this week by short-seller Hindenburg Research to supplement its own ongoing preliminary investigation into the group's foreign portfolio investors. It disclosed on wed that it had short holdings in the Indian company.

GitHub, a code-hosting platform owned by Microsoft, has 10 mn developers in India. The market has grown to be GitHub's 2nd after the US. Nearly a 3rd of engineers using GitHub in 2015 came from North America. Southeast Asia, Africa, and South America are currently some of the nations with the fastest economic growth rates relative to the US. More than 10 mn engineers use GitHub, only in India.

On Friday, Shares of Bajaj Auto grew 7.4% to Rs 3,993 after the company declared a nearly 23% year-on-year (YoY) rise in net profit for the quarter ended December to Rs 1,491.42 crore. Its revenue from operations rose 3.3% YoY to Rs 9,315.14 crore, whereas EBITDA increased by a sharp 29.4% YoY to Rs 1,777 crore, and margins boosted by a whopping 386 basis points to 19.07%.

On the sectoral front, in the pre-opening session, metals shined by 0.32%, power weakened by 1.45%, whereas auto surged by 1%. Meanwhile, 👉Orient Electric Ltd shares surged 6.45% 👉 Jindal Saw Ltd shares rallied 6.37% 👉 Advanced Enzyme Technologies Ltd shares rose 5.19% and emerged as the Top Gainers of BSE in the pre-opening session today.

List of Penny Stocks that got locked in the upper circuit on Thursday. Keep a close eye on these counters for the upcoming sessions: 👉 Galada Power and Telecommunication 👉 Dhanada Corporation 👉 Symbiox Investment & Trading Company 👉 McNally Bharat Engineering Company 👉 Sadhna Broadcast 👉 Ladam Affordable Housing 👉 Polytex India 👉 Jagjanani Textiles 👉 Jai Mata Glass

List of stocks that ended close to their 52-week high in the previous session: 🔼 Aveer Foods Ltd 🔼 Manomay Tex India Ltd 🔼 Mangalam Seeds Ltd 🔼 Bikaji Foods International Ltd 🔼 Landmark Cars Ltd 🔼 Mrs Bectors Food Specialities Ltd 🔼 Jupiter Wagons Ltd 🔼 Dynacons Systems and Solutions Ltd 🔼 Anand Rathi Wealth Ltd 🔼 Archean Chemical Industries Ltd

Since the Adani Group companies are asset-heavy businesses, their P/E multiples range from 100 to 300. Pidilite has a 95 times P/E ratio and has ROCE and ROE 26% and 21%, respectively. The stock is trading at a price that is 2 standard deviations over its 10-year mean & its five-year avg P/E ratio is 61. The average profit growth rate for Pidilite over the previous 10 years was 21%.

On Wednesday, bears took control of Dalal Street. List of the stocks that ended close to their 52-week low on Wednesday: 🔽 GlaxoSmithKline Pharmaceuticals Limited 🔽 Pfizer Limited 🔽 Aurobindo Pharma Ltd 🔽 TV18 Broadcast Ltd 🔽 Whirlpool Of India Ltd 🔽 Thyrocare Technologies Ltd 🔽 Aarti Industries Ltd 🔽 Biocon Ltd 🔽 Valiant Organics Ltd 🔽 Balaji Amines Ltd

A 100-bed multispecialty hospital will be built at Jindal Nagar in the Angul district of Odisha by the JSP Foundation, the social outreach division of Jindal Steel & Power (JSP). On Thursday, in the presence of local Chhendipada MLA Susanta Kumar Behera and Angul Municipality Chairman Akshaya Kumar Samant, JSP Chairman Naveen Jindal and Chairperson of JSP Foundation Shallu Jindal inaugurated.

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After a challenging 2022, convertible bonds are off to a solid start this year. If growth stocks keep up their early-year strength, the gains may continue. The 2% yield on the $4 b ETF is in line with the $235 b market's yield, which is biased toward growing businesses. Convertibles specialist that manages the Miller Convertible Bond fund said, "there's a solid balance between downside protection"