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During the month of April, the benchmark index lost over 2 per cent from March 2022 close but the bigger worry is that the index lost over 1,000 points from the top of 18,115. This indicates the dominance of bears. Now, on the daily chart of Nifty50, we are witnessing a ‘Death Crossover’ of the 50-day moving average and the 200-day moving average.

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Last week, crude oil lost nearly 5 per cent on demand concerns and extended additional 5 per cent losses on Monday. WTI crude oil made low of almost $96.35 and on MCX price fell to Rs 7,335 amid worries that prolonged COVID-19 lockdown in Shanghai and US rate hikes would dent global economic growth.

The private lender said its net interest income (NII) rose 84.4 per cent year-on-year (YoY) to Rs 1,819 crore from Rs 987 crore in the same quarter last year. Non interest income also grew 27.9 per cent YoY to Rs 882 from Rs 689 crore, the bank said.

Compounding concerns over monetary policy, investors have been riled by everything from rising bond yields to the war in Ukraine and more recently lockdowns in China. The market is also entering a historically weaker six-month period for stocks.

When investors average down, they either take a contrarian approach or hope for the stock’s past performance to replicate in the future.

Gold has been directionless as support from geopolitical risks, inflation concerns and global growth worries is countered by Fed’s monetary tightening outlook which has pushed the US dollar and bond yields higher. Market players are now gearing for the next big event which is the US Fed’s monetary policy decision in the first week of May.

Putting money in the market is one thing but COVID forced almost everyone, be it investors or just normal human beings -- who have nothing to do with investment -- to think that there is something more powerful than making or managing money.

"You can make investing as simple or as complicated as you want to. I favour simplicity and have always tried to make it as easy as possible," he wrote in his book The DIY Investor. According to Bell, there is no magic formula for investment success and the path to investment success varies depending on individual goals.

Non-fungible tokens (NFTs) are a type of digital asset that has exploded in popularity recently, with NFT artworks selling for millions of dollars. NFTs exist on a blockchain, a record of transactions kept on networked computers.

Bitcoin, the largest crypto by market value, fell 2.43 per cent in the last 24 hours to $38,607.36. It is down 2.3 per cent in the last seven sessions. Ethereum tanked 3.5 per cent to $2,817.94. The second-largest cryptocurrency by market value has fallen 4 per cent in the last one week.

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