As of 10:08 am, the BSE Sensex was trading 0.75 per cent lower a 73,689.27, and the NSE Nifty50 was down by 0.72 per cent at 22,357.25 levels
BlockAura's native token, called TBAC, has tumbled 90% to $3.03 from its all-time high of $32.30 in July, according to CoinGecko
According to market participants, MF investors could decide to sit on the sidelines as several equity schemes have seen their net asset values (NAVs) dip sharply in February
Of the high-net-worth investors, 68% believe now is a good time to buy equities, though 80% are keeping their cash holdings unchanged