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The survey showed investors are bullish on cash, healthcare, commodities and energy, while bearish on bonds, consumer discretionary, utilities, and equities.

The government appointed Anand Mahindra, Ravindra Dholakia, Venu Srinivasan as a part time non-official Directors on the Central Board of Reserve Bank of India on June 14.

In a circular, the RBI said it has come across instances where banks have not been strictly complying with extant instructions on assessment of commercial viability, ascertainment of revenue streams for debt servicing obligations and monitoring of end use of funds in respect of their financing of infrastructure/ housing projects of government-owned entities.

MictroStrategy, an aggressive investor in bitcoin, said it borrowed $205 million from crypto bank Silvergate Capital in March, with the three-year loan mostly secured against some 19,466 bitcoins.

The board of directors held a meeting on June 14, 2022 and approved issuance of non-convertible debentures aggregating up to Rs 2,000 crore on private placement basis, PNB Housing Finance said in a regulatory filing.

"The daily RSI is in a bearish crossover. The trend is likely to remain sideward in the short term. On the lower end, support is visible at 15,650. On the higher end, resistance is placed at 15,900/16,000,” said Rupak De, Senior Technical Analyst at LKP Securities.

While the last bear market of 2020 was mostly a so-called shock trade brought about by the Covid-19 pandemic, earlier ones in 2000 and 2008 took much longer to find a bottom and then recover losses.

Fed Chair Jerome Powell has signaled that policymakers were poised to implement another half-point increase in the benchmark borrowing rate this week and another next month.

“At the end of a bull market, lots of new people come in excited about how easy it is to make money. They think it will last forever. As a lot of new people come in, my only advice is invest in what you, yourself know a lot about. Do not listen to TV or other people, save what you know and then you might survive. Listening to hot tips will ruin you.”

The Dow Jones Industrial Average rose 75.60 points, or 0.25%, at the open to 30,592.34.