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According to SBI’s website, the overnight, one-month, three-month, and six-month MCLR rates have all been raised by 10 basis points to 6.75 per cent, 6.75 per cent, 6.75 per cent, and 7.05 per cent, respectively.

“Historically, we have seen that if one puts money to work in times of so-called negativity and pessimism, it gives the best returns from that point onwards. Today the Nifty might be down 300-400 points and we are again testing 17,000, but all is not lost because these are things that are transitory and these will roll over.”

The Nifty Bank index closed 1.96 per cent down at 36729.0.

The crypto token has lost more than 70 per cent of its value from its peak of $3 scaled in November 2021. On Monday, it plunged 9 per cent to $0.8777 from $0.9615 within a span of 24 hours, with the total market cap of Cardano slipping below $30 billion, Coinmarketcap data showed.

Oil prices climbed to their highest in nearly three weeks as fears over tight global supply grew, with the deepening crisis in Ukraine raising the prospect of heavier sanctions by the West on top exporter Russia.

“Rise of economic nationalism means one could see regions such as Asia wanting to collaborate even more with each other and not just trade but also invest. I think, potentially if China is targeted more by certain advanced economies, one could see India being a beneficiary of this economic nationalism. Intra-Asia trade is going to be intra-Asia investment as well. This is a medium term trend of the next 2-3 years.”

For us, the credit card product is a combination of payments and loans. For low-ticket items, UPI already beats cards hands down.

NHPC Ltd. key Products/Revenue Segments include Power, Income from Finance Leases, Other Operating Revenue, Income from Project Development and Contract Revenue for the year ending 31-Mar-2021.

Rakesh Jhunjhunwala sold 4 lakh shares of Titan Company in March 2022 quarter to reduce his stake to 3.98 per cent in Q4FY22, which was 4.02 per cent in Q3FY22. His stake in the company is worth more than Rs 11,000 crore.

CESC Ltd., incorporated in the year 1978, is a Mid Cap company (having a market cap of Rs 11161.30 Crore) operating in Power sector.