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The IT index on the BSE ended down 0.2% at 27,122.90 after hitting a 52-week low during the session. These shares have been among the top losers so far in 2022. The IT index is down 30% from the all-time high of 38,713.3 hit on January 17 this year. Morgan Stanley said IT consensus earnings have declined in the last two quarters but there is room for more downgrades led by both revenue and margin cuts for FY24.

The various participants such as agricultural commodity processors, traders, millers and aggregators hedge their commodity price risk by using agri-commodity derivative products available on recognised exchanges in India.Prices for farm products rise and fall due to changes in the supply or demand fundamentals, real or perceived, for that product.

Over the years, the limit for such remittance has fluctuated from USD 75,000 per annum to USD 250,000 per annum. The LRS limit can be availed for both current account transactions like travel, education, healthcare etc., and for capital account transactions like maintaining a foreign bank account, investments, purchase of property abroad etc.

Trading has emerged as a bright spot for Wall Street banks this quarter as clients look to rebalance their portfolios in the face of geopolitical tension, surging inflation and fears that aggressive Federal Reserve policy tightening could plunge the economy into a recession.

During the quarter under review, its total income rose to Rs 13,069.17 crore from Rs 10,643.17 crore a year ago.Expenses were also higher at Rs 10,566.64 crore as against Rs 7,233.55 crore in the year-ago period.Part of OP Jindal Group, JSPL has a significant presence in the steel, power, and mining sectors with investments of Rs 90,000 crore across the globe.

The company, part of the Anglian Omega Group, manufactures cargo and passenger electric three-wheelers and small commercial vehicle M1KA. Besides, it is in the process of launching an electric two-wheeler as well as trucks in the higher range.

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The Dow Jones Industrial Average popped 446 points, or 1.46%. The S&P 500 jumped 1.38% and Nasdaq Composite added 1.42% but stocks remained on track for weekly losses.

The Nifty Realty index was trading 0.45 per cent up at 419.55.

If the economy were to fall into a prolonged and deep recession, the stock market might plunge further and not recover for some time. Preparing for that eventuality may mean reducing your stock allocation - even now, after the market has fallen - if you will need to use the money soon.