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Meanwhile, Brent crude futures dived for a second straight session, to a two-week low, on growing concerns about weak global economic conditions hitting demand. [O/R]

The price requirement is as per the current global market capitalisation cut off levels, and these levels change on a daily basis. The market cap cut-off date will be any one day in the latter half of January, the brokerage said.Shares of Power Finance Corp have risen nearly 14% since December. The stock on Wednesday snapped its seven-day winning streak.

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The benchmark Brent crude contract was down 1.9% on the day, after dropping 4.4% on Tuesday, pressured by weak demand data from China and a gloomy economic outlook. U.S. 10-year Treasury yields fell on Tuesday, after rising for the last two weeks. It was at 3.70%, down 13 basis points this week.

The 1-month lock-in expires for Dharmaj Crop Guard, Uniparts India, Sula Vineyards, Landmark Cars, KFin Technologies and Elin Electronics, stated Nuvama Alternative & Quantitative Research in a report.

At the time, the RBI was suspected of selling dollars to prevent the rupee from falling below 80. The current scenario is similar, with traders saying RBI has been defending the 82.90-83.00 level. The rupee has repeatedly found support just under the 83 level over the last three weeks.

“We exited IT much earlier, even before this negativity started to build up. We entered into the pent up consumption trades much earlier. Given the agility of the portfolio, we have been able to perform and carry net exposure. We are very agile in cutting back on the net exposure as in we will build hedges very quickly when we see the market trending negatively or downwards.”

A global regulatory framework could also help to prevent fraudulent activities within the crypto space. By creating clear rules and guidelines, detractors would be well aware of the consequences of breaking the rules, and investors would be better protected from losing money to unscrupulous actors.

“We hereby inform you that Venugopal Lambu has resigned from the position of whole-time director and president, Markets II, to pursue opportunities outside the company,” LTIMindtree said in a statement.

Banks should be more careful about the risks of fraud, legal uncertainty and misleading disclosures by crypto firms, U.S. regulators warned on Tuesday, just two months after the collapse of crypto exchange FTX stunned the financial world.