The fear was palpable in the deep shade of red that painted trading screens and it was evident in the biggest spike in the India VIX index in 2021 so far. The fear gauge or the volatility index spiked nearly 25 per cent and closed above the 20 points mark.

Ruchit Jain, Trading Strategist, 5paisa.com said that the 16,800 level would offer immediate support to the index while he sees 17,300 as the immediate resistance level.

Last week, the top decision-making authority of the EPFO permitted the body to invest up to 5 per cent of its annual deposits in alternative investments, including infrastructure investment trusts (InvITs) of public sector entities.

So who is a smart investor? A smart investor is not someone who knows how to make loads of money overnight. Instead, it is somebody who can deploy available resources to make a consistent investment, have a diversified portfolio and build wealth over a period of time.

The new variant that is rapidly spreading in South Africa and some other African countries has raised alarm bells as it has more than a high number of spike mutations that could make the current batch of vaccines less effective against the virus.

IFCI Venture Capital Fund today sold 69,721 shares of Him Teknoforge at Rs. 129.8 apiece through a bulk deal on the BSE.

The world’s largest cryptocurrency fell as much as 9 per cent to $53,552 on Friday. Ether, the second-largest digital currency, dropped more than 12 per cent, while the wider Bloomberg Galaxy Crypto Index declined as much as 7.7 per cent.

"In case of any proposed preferential allotment results in change in control, the valuation report / certificate from registered valuer should also cover guidance on control premium," Sebi said.

"Hospitality stocks can be the worst hit if lockdowns are implemented in various countries and travel from affected countries like South Africa, Botswana, Germany, and Austria gets impacted," said Amit Kumar Gupta, portfolio adviser at Adroit Financial Services.

The crypto party was on and as participants kept joining the party, its music kept going louder and louder. So loud that some of the saner voices became too difficult to hear. Hardly few understood anything of what was happening or what the product was. All one had to do to make a lot of money was to start with some money.