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The Relative Strength Index (RSI) on the daily chart is 44.36. RSI is neutral and does not show any divergence against the price. However, it is seen breaking out from a small pattern formation after making a higher high which is bullish.

This price drop comes as the global financial markets have entered bear market territory for the first time since early 2020. There are many contributing factors to the decline in the Bitcoin price.

The company had on Saturday reported 6.93 per cent fall in consolidated net profit at Rs 199.44 crore for the fourth quarter ended March 31, 2022.The company had posted a net profit of Rs 214.31 crore for the year-ago period, as per the filing

The Rs 412.8 crore IPO of eMudhra had kicked off for subscription on Friday, May 20. The company is selling its shares in the range of Rs 243-256 apiece. The issue is open for subscription till Tuesday, May 24.Given the fall in the global market and the poor listing and post-listing performance of LIC

“My skew has been more towards mid and smallcap generally and hence I advise investors to first have a long-term view. Do not look at the short-term volatility. It can be more volatile because these are smallcap segments but on a long-term curve, the volatility reduces and the return profile improves.”

Nifty has lost about 13 per cent from April highs due to a host of domestic and global factors, including mixed Q4 numbers from India Inc, rising inflation, crude oil prices, geopolitical worries and rate hikes.

"The bulls made a strong comeback after forming a triple bottom near the 15,74​0 level. However, the pullback was very short-lived as the Nifty once again faced stiff resistance around 16,400 levels.As highlighted earlier, the market had gone into extremely oversold territory and a pullback was very much due and we have witnessed the same."

With this, net outflow by Foreign Portfolio Investors (FPIs) from equities reached Rs 1.63 lakh crore so far in 2022.

"It is important to understand the difference between AI and ML. AI is the ability of a machine to replace human intelligence and be able to perform and enhance human-like tasks. Robots, chatbots etc. are all examples of AI use cases. ML is a subset of AI, where the machine has the ability to learn from data and draw inferences from it without explicit human assistance or rules."

Gold’s recovery materialized as the US dollar index came off the highs. The US dollar index hit a 2002 high earlier this month amid safe-haven buying and expectations that the US Fed may lead other central banks in tightening monetary policy to get inflation under control