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A British Virgin Islands court ordered the liquidation of Three Arrows Capital earlier this week. The fund, founded by former Credit Suisse traders Zhu Su and Kyle Davies, managed an estimated $10 billion of assets as recently as March, according to blockchain analytics firm Nansen. The law firm Latham & Watkins is representing Three Arrows in the US bankruptcy.

Vedanta Foxconn JV is among three companies that have applied for setting up semiconductor manufacturing units in the country. Vedanta has also applied for setting up a display fabrication plant to make screens that are used for display in electronic devices.

The final six months of 2022 “shouldn’t be as ugly as the front half of the year, but it won’t be pretty,” JPMorgan Chase & Co. rates strategists led by Alex Roever said in a note. In their view, the ongoing battle between inflation and recession risks will result in yields moving up from their current levels while the Treasury curve flattens.

"Investors are advised to stay put and in fact, use volatility to accumulate quality businesses at good prices in this month. One can invest 50% at current levels and the remaining 50% can be invested if the Nifty corrects down to 15,200 in July. A breach of 15,800/15,930 resistance area can push the Nifty upwards of the 16,200-16,500 zone."

The hedge fund was already suffering on account of the current market conditions and its investment in Terra Luna, which is almost worthless compared to its investment.The leveraged Gbtc trades might have been the last straw for the hedge fund when the positions were liquidated. In simple terms what this means is that the hedge fund might not be able to pay back the loans it had taken.

From the data perspective, Call open interest for the coming weekly settlement is visible at 16,000 strike while the Put base is placed at ATM 15600 strike. Hence positive bias should continue till Nifty is sustaining above 15,600 levels and it may attempt towards 15900/16000 levels in coming sessions.

This is because there is "no timing pressure" from investors on monetising holdings, and the company is generating adequate revenue for growth, he said, asserting there is no re-think on public offer plans and the company is firmly committed to going public."Markets are soft at the moment, so we have not put a timeline to the public offer," Singh said.

"This week marks the beginning of the earnings season and IT major TCS would announce its numbers on July 8. Participants will be closely eyeing its results for any change in the guidance amid fears of a global slowdown. "Besides, performance of global indices, crude movement and updates on the ongoing tussle between Russia and Ukraine will be in focus," Ajit Mishra, VP - Research, Religare Broking Ltd, said.

However, the combined gain of the seven firms at Rs 49,441.05 crore was less than the total loss suffered by the three companies.Last week, the Sensex climbed 179.95 points or 0.34 per cent, while the Nifty gained 52.80 points or 0.33 per cent.The market valuation of Reliance Industries Ltd (RIL) declined by Rs 62,100.95 crore to reach Rs 16,29,684.50 crore.

For investors with a 3-5 year horizon, here is a checklist from Ram Kalyan Medury, Founder and CEO of Jama Wealth, that one should follow while picking stocks in a volatile environment. Ensure stocks have strong ROOTS, i.e. robust balance sheets with low debt. Volatile times might cause fragile companies to collapse. Having low debt helps tide over bad times.