Market Bizzz

However, the payoff of strategy is that of limited profit and limited loss as there is one out of the money sold put. The maximum gains will be restricted up to Rs 8,125 because the gains of a long 39,000 strike Put will be offset by the sold 38,500 strikes Put if Nifty Bank closes below 38,500 on expiry.

RBI also expressed concern about the popularity of cryptocurrency in recent years. The proliferation of crypto assets can pose significant risks related to money laundering and financing of terrorism, the central bank fears.

The secured redeemable Non-Convertible Debentures (NCDs) will carry a coupon rate of 8.07 per cent per annum for a tenor of 10 years.

It has decided to allocate a total of 1.74 crore equity shares to anchor investors at Rs 80 apiece, aggregating the transaction size to Rs 139.22 crore, according to a circular uploaded on BSE website.

Jindal Steel & Power Ltd. key Products/Revenue Segments include Iron & Steel Items, Power, Other Sales, Other Operating Revenue, Export Incentives, Scrap for the year ending 31-Mar-2021.

IT major HCL Technologies has expanded strategic partnership with Google Cloud to accelerate digital services for enterprises. HCL Tech will train up to 18,000 technology and consulting professionals on Google Cloud.

Maruti Suzuki India Ltd., incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 262900.28 Crore) operating in Auto sector.