ndia Blockchain Forum has been started with a vision to make India a global hub for Blockchain and Web3.0. It shall create community chapters across the country to increase awareness and access to global best practices.India Blockchain Forum envisages a collaboration model with governments, Regulators, Industry and academia to help build a holistic framework for the right adoption of blockchain and web3.0.

"We remain positive on India's growth story given strong tailwinds and expect steady returns with a stock-specific approach," Prabhudas analysts Amnish Aggarwal and Anushka Chhajed said, adding that the June quarter saw sales beat of 0.6 per cent, while EBITDA and PBT were lower than estimates by 6.5 per cent and 9.7 per cent, respectively.

“We have posted the highest ever sales in the last quarter and we have seen demand uptick across all our different channels. We have seen it across multiple geographies with tier two, tier three towns showing uptick. So, that is certainly a good indicator. We are also trying to look at how customers are responding to the increase in prices and being cautious. We are trying to balance both.”

The NSE Nifty 50 Index has surged more than 14% from a mid-June low as overseas investors turned buyers after months of withdrawals. That drove the benchmark from levels described by traders as oversold to strongly overbought territory in just 39 sessions, the quickest pace since 2003.

Earlier in the year, Zomato had acquired quick commerce company Blinkit (formerly Grofers), for Rs 4,447 crore in an all-stock deal. Zomato shares have lost over half of its value so far in 2022.

A total of 106,266 shares changed hands on the counter till 02:06PM (IST).

A total of 37,448 shares changed hands on the counter till 02:01PM (IST)

Jio gained 30 basis points (bps) sequentially, taking its RMS in the fiscal first quarter to 43.3% while Bharti Airtel’s was flattish at 36%, said experts, analysing first quarter revenue numbers of the top private carriers.

The stock quoted a 52-week high of Rs 5930.7 and a 52-week low of Rs 3365.9.