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“For the second half of the year, if everything else is held the same, there will be more oil coming into the market, starting even as early as May. Without Russian oil interruptions, by the second half of the year we are looking at something around $80 of oil price. Overall, we are not in the $100-$150 range for the year but more like $75-$85 range if the fundamentals dictate.”

Before Sebi introduced the T+2 settlement system in April 2003, India followed the T+3 settlement system, meaning it took three days for shares and money to be credited to the account. Now, with the T+1 settlement system, you can expect credit of shares and money within 24 hours.

Out of about 1,000 companies on BSE midcap and smallcap index, as many as 70 stocks have dropped more than 25 per cent in the current year so far, of which 20 have eroded one third of investors’ wealth in the new year so far.

Analysts said record rally in ICE Cotton prices, falling global cotton stocks, lower Indian cotton crop/stock revision by USDA & CAI, retrenched selling by farmers and strong demand by domestic millers had lifted domestic cotton futures to record high level last week.

A total of 244,268 shares changed hands on the counter till 02:05PM (IST)

The benchmark palm oil contract for May delivery on the Bursa Malaysia Derivatives Exchange gained 129 ringgit, or 2.21%, to 5,969 ringgit ($1,426.63) a tonne by the midday break, extending gains for a fifth consecutive session.

The stock quoted a 52-week high price of Rs 332.6 and a 52-week low of Rs 194.25.

​​The issue is entirely an offer for sale (OFS) of up to 29,373,984 by existing shareholders and promoter group entities. The company will not receive any proceeds from the issue.

“We are at a historically oversold level. These are the levels from which investors should definitely look at buying opportunities. For traders, it is a nightmarish market currently because we are seeing major gap ups and gap downs but for investors with the 12-month, 18-month, 24-month horizon, this is a very good time for risk reward base buying in many of the sectors.”

Global markets typically rebound from war and disaster, and they are likely to do so this time, too. But Russia’s nuclear arsenal raises the risks beyond calculation.