“We expect a much greater impact of this transformation and the transition to being a platform play will be visible from Q4 of this year onwards.”

The Nifty Auto index closed 0.53 per cent up at 11829.15.

Despite the debt woes of Evergrande, its electric vehicles (EV) unit is pushing ahead with its business plan. The unit is seeking Chinese regulatory approval to sell its inaugural Hengchi 5 sport-utility vehicles.

Beverage maker Kirin Holdings fell 6.23% after posting underwhelming quarterly results, which were hit by coronavirus restrictions on movement.

The blue-chip CSI300 index was down 0.5% at 4,821.19, while the Shanghai Composite Index lost 0.4% to 3,492.46 points.

Iloilo City, a city in the Philippines, is the first city in the Asia Pacific where 3 luxury residential properties were sold in exchange for cryptocurrencies in 2019. In particular, the houses were sold for Bitcoin and Litecoin.

The stock quoted a 52-week high price of Rs 1394.0 and a 52-week low of Rs 852.7.

Tim Cook said Apple has been looking at crypto, but might not offer users a way to pay with it anytime soon.

A total of 69,765 shares changed hands on the counter till 02:11PM (IST)

Crypto exchanges have benefited from the mainstreaming of digital assets, with businesses across the globe investing heavily into growing their crypto infrastructure.