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“Why is the government not owning up to creating these basic infrastructure around having education which is linked to livelihood and having skilling and upgradation programmes which improves the chances and odds of our kids who are graduates but have subsistence level income because their graduation has no linkage to their ability to get themselves a job?"

The rupee plunged against the US dollar on Thursday, weakening past the psychologically significant 75/$1 mark as Russia’s announcement of a military operation in Ukraine sent Brent crude oil prices surging past the $100 mark for the first time in seven years. The partially convertible rupee was last at 75.0730/$1 as against the previous close of 74.55/$1 at the previous close. The Indian currency, which opened at 74.6640/$1, moved in a band of 74.6860-75.0703/$1 so far in the day.

The BSE market capitalisation fell to Rs 246 lakh crore from Rs 256 lakh crore in the previous session. It was down a whopping Rs 16 lakh crore since February 16 close of Rs 246 lakh crore. One out of every six stocks had hit its lower circuit limit by this time.

“There is no point in selling into fear. If you look back, at events like this, typically whenever these events wind down, the markets typically tend to bounce back. So unless it is absolutely necessary, it is counterproductive to sell into a panic like this; whether you want to buy or not is entirely up to the investor’s risk appetite.”

The Relative Strength Index of the stock stood at 37.35 on Thursday.

The top digital assets such as Bitcoin and Ethereum have tumbled nearly 50 per cent from their peaks. That said, the pain in altcoins has been more severe, with leading digital tokens falling nearly 85 per cent from their highs. These include Shiba Inu, Dogecoin, XRP, Cardano, Polkadot, Solana among others.

To apply sanctions, a government makes a list of people and businesses its citizens must avoid. Anyone caught engaging with a member of the list faces heavy fines. But the real key to any effective sanctions program is the global financial system.

“From a capital protection or a buying perspective, banking and capital goods look attractive. Within the sub segments or within the other pockets, recovery plays and especially hospitality players are what can be looked at because if we are not going to see any further Covid waves, then potentially we will see a good recovery for that particular segment and the entire hospitality lot looks attractive.”

Promoters held 50.73 per cent stake in the company as of 31-Dec-2021, while FII and DII ownership stood at 19.09 per cent and 8.97 per cent, respectively.

MindTree Ltd., incorporated in the year 1999, is a Mid Cap company (having a market cap of Rs 59824.33 Crore) operating in IT Software sector.