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The US dollar index slumped immediately post the US Fed decision but witnessed a sharp rebound and tested fresh 2002 highs just the next day. Similarly, gold bounced back to near $1910/oz level in reaction to the US Fed decision before sliding back close to $1880/oz level.

With the Reserve Bank of India, the US Federal Reserve and the Bank of England all hiking interest rates in the space of two days, benchmark domestic stock indices have suffered a meltdown with investors losing a mind-boggling Rs 11.8 lakh crores based on market capitalisation of BSE listed firms.

​​While there has been some variation in returns during specific event occurrences, the long-term returns have been similar – around 603% for Nifty whereas 620% for gold. However, as gold has been underperforming since past year and a half, the return differential has widened sharply and is at about 174% as of April end. If the theory does hold good, then from where we stand now the odds are stacked in favour of gold catching up.

The severe imbalances in the labour market need slowdown on the demand side, which is necessitating both monetary tightening and removal of fiscal support, which has been reiterated by President Joe Biden this week.

Another point to note is that ApeCoin was officially created by ApeCoin DAO and not Yuga Labs, the team behind BAYC. Why does this detail matter? Most likely for regulatory purposes. Cryptocurrencies cannot give off stockish vibes. If they do, then most likely the Securities and Exchange Commission (SEC) will come down hard on the token and the company (just like they did with Ripple).

Wall Street ended lower on Friday amid concerns about rising Treasury yields and the prospect of more Fed rate hikes. "Ninety-five percent of the driver of the market right now is long-term interest rates," said Jay Hatfield, founder and chief executive of Infrastructure Capital Management in New York.

"Once you know your profile then accordingly you can adopt a strategy like a rajasik investor has to learn technicals, importance of stop loss and a satvik investor will use fundamental principles and tamsik obviously has to control his behavior and slowly move towards rajasik/satvik. There are also vrittis which we know as biases in modern terminology which affects your investing behaviour."

Goyal said he plans to liquidate less than 10% of these stock options in the first year and the rest over the next few years.

The transaction is subject to shareholder and regulatory approvals. Mindtree, with market cap of Rs 57,840 crore will merge into LTI with market cap of Rs 83,620 crore.

The regulator also said that investors which will be acquiring or holding 5% or more shareholding in the bank after merger need prior regulatory approval within one month from now.