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With the recovery in equities, the market capitalisation of BSE-listed companies jumped Rs 2,51,663.79 crore to reach Rs 2,43,62,494.83 crore.

Jay Hao, CEO of OKX, said, "Waves is an underlying tech for a variety of decentralized apps and smart contracts. The recent upgrade to Waves 2.0, which was announced last month, may have sparked investor interest in the native token."

The war between Russia and Ukraine is the prime reason, which triggered the really in safe haven bets and precious metals.

Under the sell-buy swap auction, a bank buys US dollars from the Reserve Bank and simultaneously agrees to sell the same amount of US dollars at the end of the swap period.

The Nifty Pharma index closed 2.38 per cent up at 12844.85.

“The Russia-Ukraine war is very different from the GFC or Covid. If there is any news flow which tells us that there is some compromise or some kind of backing off from either side, then suddenly oil and commodity prices can drop and equity markets can turn and flows which are globally risk off can become positive. For an existing investor who is fully invested in the market, there does not seem to be too many viable options other than to do nothing. ”.

​​Largecap-smallcap, active-passive and diversified-concentrated, among others, are the aspects open to new ideas that weigh several options. Today, we will discuss these factors in the context of thematic allocation.

Crypto is coming to the rescue of both the Ukrainian and Russian governments. Both the countries need a system where no government is invlved and is relatively anonymous, crypto is saving the day.

“It is not going to be a very broad rally. One has to drill down and there are not going to be a whole lot of sectors at the moment because between the inflation which will impact consumer demand in India and margin compression in quite a few industries, one has to be careful.”

On the regulation of the private cryptos and other virtual digital assets (VDAs), Sitharaman said that consultations are on and invited the industry players to contribute to it.