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Nifty ends around 17,000, Sensex falls 953 pts; all sectors in red barring IT

Except Information Technology (IT) all other sectoral indices ended in the red.

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6:30pmEURECB President Lagarde Speaks
EURBelgian NBB Business Climate-8.9-5.8
7:30pmUSDFOMC Member Collins Speaks
9:30pmGBPMPC Member Tenreyro Speaks
10:30pmEURGerman Buba President Nagel Speaks

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GROUP OF COMPANIES TO PUSH EU FOR GAS PRICE CAP-LETTER

A GROUP OF EUROPEAN UNION COUNTRIES WANT TO PUSH BRUSSSELS TO PRODUCE PLANS THIS WEEK FOR A BLOC-WIDE CAP ON THE PRICE OF GAS,ACC TO A DRAFT LETTER SEEN BY REUTERS

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Film exhibition company PVR Cinemas will invest up to Rs 350 crore to open 100 new screens in FY23, a top official said on Monday. It also expects its mega-merger with Inox Leisure to close by February 2023, after which it will start to run as a combined business, PVR’s chief executive Gautam Dutta told PTI over the phone.

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Quant Leads Gains of 6.25% Amid Broad Market Sell-off.

  • A massive sell-off sets in across the cryptocurrency market.
  • Quant has recorded weekly gains of about 20.61%.
  • The community wonders if the uptrend will continue.

The crypto market is currently experiencing a broad-based sell-off, with all of the top 10 coins by market capitalization in the red. However, one coin that has bucked the trend is Quant (QNT), which is up about 6.25% on the day.

Quant has also been on a continuous uptrend in the last 7 days, gaining about 20.61%. The coin is currently trading at $119.74, after hitting an intraday high of $121.53 a few hours ago.

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