P. Vasudevan, an executive director at the Reserve Bank of India (RBI), stated that cryptocurrencies lack underlying value and therefore cannot be considered as currencies. The RBI has expressed concerns about cryptocurrencies like Bitcoin, citing potential systemic risks to financial…
Read MoreP. Vasudevan, an executive director at the Reserve Bank of India (RBI), stated that cryptocurrencies lack underlying value and therefore cannot be considered as currencies. The RBI has expressed concerns about cryptocurrencies like Bitcoin, citing potential systemic risks to financial…
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On the sectoral front, BSE Auto index rose 5 percent, BSE Oil Gas index gained 3 percent, BSE Energy index rose 3 percent.
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Nifty need to sustain above 22,150 to end the consolidation and march towards the 22,500 zone else profit taking may resume, says expert.
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The SP 500 lost 24.18 points, or 0.49%, to end at 5,005.15 points, while the Nasdaq Composite lost 132.38 points, or 0.83%, to 15,775.65. The Dow Jones Industrial Average fell 149.48 points, or 0.39%, to 38,623.64.
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The decision was announced by Barrister Ali Saif of Pakistan Tehreek-e-Insaf , a day after the party had named Umar Ayub Khan as its candidate for the prime minister and Aslam Iqbal as chief minister for Punjab.
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