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"IT will bounce back very well because now as you look forward another two, three weeks March 16th the Fed meeting is very critical for markets."

In the show cause notices issued to NIEFL and NIFL, it was alleged that the two entities suppressed the fact that they belong to same investor group and only after depository NSDL informed about the breach of the prescribed investment limit of 10 per cent of the paid up capital by them in respect of few scrips of companies, they requested to reclassify their investment from FPI to Foreign Direct Investment (FDI).

Firms already struggling to maintain margins in the face of surging costs saw everything from natural gas to food and aluminum soaring.

Meanwhile, the Ukrainian government is soliciting any leads on information related to the cryptocurrency wallets of Russian and Belorussian politicians as the country continues to rely on crowdfunding efforts for its defense against Russia and its allies.​​

​​Gold by itself is not a great asset class to own, however, it acts as a hedge against heightened volatility and can be considered as insurance in the portfolio. Fixed Income helps in steady income generation with low volatility.

The US Fed has an unenviable choice to make; take swift and steep tightening action while the concurrent growth is still strong, thereby tame inflation and improve future prospects or let stagflation turn into a recession. The situation has got confounded by the Russian incursion which can spike up crude prices beyond the $100 mark. Thus, equity markets are faced with the prospect of rising market risk premium and elevated volatility.

Bitcoin and other digital assets have sagged on open conflict between Russia and Ukraine. The latest downturn translates into the value of the cryptocurrency market dropping to $1.75 trillion. Many of the other crypto assets saw even more losses than Bitcoin, averaging around 18-20 per cent. Ethereum, the second most traded cryptocurrency, was down almost 11 per cent on Thursday morning, and many other large coins also dropped more than 10 per cent.

The Reserve Bank of India (RBI) has set the price at Rs 5,109 per gram of gold. The latest tranche of the SGB Scheme - Series X can be subscribed till March 4.

In December, the RP of a Faridabad-based firm that owns a shopping mall and has a debt of over Rs 300 crore, raised interim finance to run the day-to-day operations even as the company was going through the corporate insolvency resolution process (CIRP).

The company, which reported sales of 12.92 lakh units in the December quarter, also expects the various announcements made in the Union Budget this year to trigger a cycle not only of employment and income but also capex in the private sector.