Crypto lender Celsius Network, which is into bankruptcy proceedings, filed to return custody holders’ funds to them, ahead of a separate hearing to address ongoing questions about its efforts to restructure and relaunch its operations. The distribution of funds to former customers of the defunct crypto exchange Mt Gox will begin on a repayment date to be set in due course, according to a notice to creditors.
Nifty Pharma, 4 others hit 52-week high since Iran war while Nifty fell 7%. Will the form continue?
Despite a challenging market backdrop fueled by geopolitical tensions and foreign fund outflows, five Indian sectors—Pharma, Energy, Defence, Capital Markets, and Metals—are showing remarkable strength.