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Stocks in news: Lupin, Tata Motors, Wendt, Engineers India, Motilal Oswal, and more
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… Read More- Markets under strain over virus variant, tank 3%Indian equity benchmark indices plunged 3% on Monday in one of its sharpest selloffs since the recovery late in March as investors fretted over the new variant of the coronavirus that has shut down large parts of the UK.
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- Robinhood cuts margin interest rate to 2.5%The rate cut is part of the company's overall goal to lower the cost of investing, Robinhood said in a statement, and is the latest competitive move by the popular trading app.
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- Total crypto fund inflows top $5 billion this year, up more than 600%: reportThe inflows plus the latest price moves lifted assets under management for the sector to nearly $19 billion in 2020. Assets under management ended 2019 at just $2.57 billion.
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- $900 billion coronavirus bill clears hurdle in US Congress as deadline loomsBy a margin of 227 to 180, the House approved a measure allowing debate on the bill to proceed, a necessary step before the actual votes on the substance of the package.
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