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The Board of the Investment Manager (of IndiGrid) also approved a Distribution Per Unit (DPU) of Rs 3.19 for Q4 FY22 ( January-March quarter) to unitholders in line with the distribution guidance.

“Price declines have made valuations quite reasonable. I am of the camp that not much downside (max 5-7%) is left in the short to medium term for large-cap stocks,” says Arun Malhotra, Founding Partner & Portfolio Manager, CapGrow Capital Advisors.

​Terra (UST), a stablecoin designed to peg the value of the US dollar, and its sister coin, Luna, both plummeted. Luna, a not-so-stable stablecoin, was selling at around $118 just a month ago, but it is now virtually worthless. The crypto currency managed to erode the wealth of millions of investors, many of whom were from India.

Economists said the fall in the transferable surplus is because of the increased interest the RBI had to pay to banks which parked their surplus liquidity in the reverse repo window.

With multiple headwinds such as an uncertain geopolitical scenario in Europe, stubbornly high inflation, reduction in liquidity and rising interest rates (globally and domestically) and the risk of earnings downgrades, the net outcome of these swings has been expectedly downward.

This will put IRB on a self-sustaining growth trajectory and the company will submit a concept paper to the public InvIT management soon on the proposal, he said.

“Trading is understanding the psychology of markets and investing is understanding the philosophy,” says Rahul Jain – President & Head, Personal Wealth at Edelweiss Wealth Management.

Several fintech companies - Rev Fin, Oto Capital and Three Wheels United - have taken the lead in financing EVs. These fincompanies have seen volumes jump at least 5- 8 times since mobility curbs were eased, officials say.

The rupee has shed about 4.32% against the dollar this calendar year; by contrast, it has advanced up to 6.21% against the other major global currencies, Bloomberg data compiled by ETIG showed.

The S&P 500 slipped 1.8% on Friday, pushing 20% below its record closing high on Jan. 3. The drop is part of a seven-week slide in the broad measure that qualifies as the longest since the dot-com bubble was bursting in 2001.