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The company plans to raise funds comprising fresh issues aggregating up to Rs 200 crore and an offer for sale of up to 56,252,644 shares.

The rupee had breached the psychologically significant level of 79 per dollar level for the first time ever on Wednesday and has also hit a series of lifetime lows this month."The near-term outlook remains bearish for the rupee amid foreign fund outflows and risk-averse moods. Spot USD-INR is having support at 78.38 and resistance at 79.10.

"The Company is unable to service its obligations in respect of the interest on Non-Convertible Debentures...," FEL said. This is the fifth default in June by the Kishore Biyani-led Future Group firm.

OPEC+, which includes Russia, confirmed the decision from its last meeting. Before that, it had been adding about 432,000 barrels per day monthly to put oil back on the market after cutting production dramatically during the height of the pandemic.

“Monthly active users (MAU) on Indian capital markets from the 2022 RBI financial stability report. This is the first time I am seeing this data in public. MAUs

The Dow Jones Industrial Average fell 239.31 points, or 0.77%, at the open to 30,790.00.

​“With the announcement of sanctions, the Forward Rate Agreement – Overnight Indexed Swap spread – a measure of how expensive or cheap it will be for banks to borrow in the interbank market relative to the risk-free rate – has widened, along with spreads on nonfinancial commercial paper,” said the Reserve Bank of India (RBI) report.

Further, the markets watchdog has directed all banks to attach all accounts including lockers held by the defaulters.There is sufficient reason to believe that the defaulter may dispose of the securities in the account held by you and realisation of amount due under the certificate would in consequence be delayed or obstructed, Sebi said.

Abhishek Jadon, smallcase manager and vice president, Windmill Capital, said that uncertainties like interest rate hikes, war crisis, and rising crude oil prices impacted the markets, and they are likely to witness bouts of volatility until these issues subside.

Reserve Bank of India (RBI) has been flagging concerns about cryptocurrencies, which are seen as a highly speculative asset.In the foreword to the 25th issue of the Financial Stability Report (FSR) released on Thursday, Das also said that as the financial system gets increasingly digitalised, cyber risks are growing and need special attention.