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That hit high-flying stocks tied to cryptocurrencies, leaving short-sellers smelling blood and increasing their wagers that the decline was only a preview of what’s to come.

Energy stocks are becoming a popular bellwether for concerns over how deeply the Delta variant of the coronavirus is expected to impact the U.S. economy, as the so-called reopening trade that boosted some parts of the market earlier this year continues to stumble.

Dallas Fed President Robert Kaplan and Boston Fed President Eric Rosengren issued statements saying they would invest the proceeds of those sales in diversified index funds and cash savings and would not trade in those accounts as long as they are serving in their roles.

The Index of Industrial Production has shown a year-on-year rise of 11.5 per cent. This rise is due to the low base effect which was created by the lockdown imposed last year.

To begin with, the government may provide a broad outline on NFTs from a regulatory point of view and throw some light on how they should be taxed, said one of the persons. Many Indians, including celebrities, have clambered aboard the NFT bandwagon lately.

Amod Malviya and Sujeet Kumar, the other two cofounders, will support the effective functioning of a "CEO-led organisation" and will continue to shape strategic roadmap and investment decisions as active board members.

An ongoing drive to collect data about edible oil and oilseed stocks with the trade and industry will help deter hoarding and bring relief to consumers on prices, union food secretary Sudhanshu Pandey said on Friday.

“In the long term, Bharti Airtel can be a good bet but in the short term, one will have to be cautious if the market comes down and if the stock has moved up sharply.”

On Thursday, the benchmark equity indices closed flat for another day after a lacklustre trading session. Media stocks were in demand, while bank and financial stocks saw selling pressure. Global cues were also mixed.

Brent crude futures for November rose 44 cents, or 0.6%, to $71.89 a barrel by 0324 GMT. U.S. West Texas Intermediate (WTI) crude futures for October was at $68.49 a barrel, up 35 cents, or 0.5%.