The Dow Jones Industrial Average fell 504 points, or by 1.5%. S&P 500 and Nasdaq Composite dropped 1.79% and 2.20%, respectively.

Ambit Capital has a 'sell' rating on the stock, with a price target of Rs 1,312. HDFC Securities sees it at Rs 1,400. Edelweiss Wealth has 'buy' on the counter with a target of Rs 2,365. Dalal & Broacha Stock Broking said downside is limited and long-term investors should hold, as it finds the stock Rs 2,001 worthy. Centrum sees it at Rs1,944 while Nirmal Bang Institutional Equities at Rs 2,240.

Shankar Sharma has come onboard in his personal capacity, said the Annapurna Swadisht press release. Sharma and a few other investors bought a total 7.85 per cent stake in the company.

"The long bear candle of the last two sessions signals a faster downside retracement of the last 5-6 sessions of upmove. This is a negative indication and signal that bears are in a driver’s seat," he said.For the day, the index closed at 17,490.70, down 267.75 points or 1.51 per cent.

After its recent partnership with YGG, Manel Sort and his team are focusing on expanding across continents through YGG’s sub-DAOs, offering cohort NFT Chests to gamers and guild members, and the opportunity to play G4AL’s upcoming Elemental Raiders.

“Valuations have moved up both absolute as well as relative to the emerging market pack. It is possible that in the near term, we will see some degree of consolidation or volatility and what we have been saying all through is that this is a year of bottom-up stock picking and that continues to be our stance with a slight tilt towards largecap over midcaps and smallcaps at this point.”

In FY22, a majority of the funds raised through the instrument were to refinance bond issues done in FY17, Icra Ratings said in the report on Monday.Majority of the bonds have a call option in the fifth year, resulting in the significant jump in new issuances which are basically for refinancing the earlier obligations.