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U.S. stock futures plunged as much as 2.9% Monday, erasing gains from late last week as speculation that central banks would throttle back on tightening policy gave way to worry that the geopolitical crisis in Europe could slow global economic growth.

“Next year we should be able to get closer to 8% all other things being equal. Beyond that, we will have to see how the fiscal and monetary policy tango continues. So far we have seen both of these being supportive of growth and other things remaining the same, if we do not get into a much prolonged geopolitical tangle or a bigger oil shock, we are on course for a 7% plus growth rate thereafter."

This large number of NFTs are a result of an experiment concocted by Dutch artist Dadara and NFT digital rights management platform RAIRtech to provide immutable blockchain identity.

​​In its initial phase, Tech Mahindra will leverage the opportunities presented by the Metaverse through various use cases including DealerVerse - metaverse-based car dealership, Middlemist - NFT marketplace, Meta Bank - a virtual bank, and gaming center.

At the interbank foreign exchange market, the rupee opened weak at 75.73 against the US dollar. However, it recovered most of its losses to quote at 75.35 at 1530 hrs, down 2 paise from the previous close.

"A close below 16,356 levels shall dissipate the current bullish momentum by resuming the weakness in the index."

“February is better than January. In the passenger vehicle segment, we will see at least 3 lakh plus dispatches to the dealers which will be happening after a long time. The semiconductor issue had slowly eased off but the Russian invasion issue has cropped up and palladium comes from Russia. I am expecting that to affect the market. If this does not get resolved soon, then we will see March production getting hampered.”

The 30-share pack Sensex rallied 388.76 points or 0.70 per cent to 56,247.28. Its broader peer, Nifty50, surged 135.50 points or 0.81 per cent to 16,793.90.

“We have been gearing our portfolios towards engineering and capital goods names because there are the concrete signs of revival in the investment cycle on the ground and there is significant thrust on the government as well which was visible in these Budget announcements as well. We have seen some fairly good or healthy corrections across the market and even in some good quality names. I do feel excited about markets and we find a lot of good opportunities.”

​​ The committee at its meeting held on Monday approved issue of non-convertible debentures (NCDs) of up to Rs 100 crore along with an option to retain over subscription of up to Rs 400 crore, aggregating up to Rs 500 crore, Piramal Enterprises said in a regulatory filing.