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The Nifty futures rollover remained bearish at 69% for January, which is lower than the three-month average of 73.74%, said Chandan Taparia, head of technical and derivatives research at Motilal Oswal Financial Services. These numbers are provisional as the final figures were not released till late Thursday.
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HCL Technologies, Bharat Electronics, LTI Mindtree, Siemens, and Sun TV Network are the top five companies with the largest estimated excess cash reserves, said the report. The IiAS assessment, drawn from FY24 financial statements, also accounts for acquisitions and announced capital expenditures after the balance sheet date.
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While seen widely as a symbolic pledge of support, it's near impossible in practice since blockchains are decentralised networks in which no one controls or can be banned from participating in the process
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