News Snapshot:
[Crypto News] Stocks, rupee in free fall, oil soars MUMBAI : Investors bailed out of risky assets, sending stocks crashing after Russian President Vladimir Putin’s troops invaded Ukraine. On Thursday, the exodus from stocks wiped out ₹1.3 trillion in investor wealth on Indian stock markets. But the bad news for stocks was a boon for safer assets such as gold and government bonds. Crude oil surged past the $100 mark amid expectations of tighter supply. India’s benchmark indices Sensex and Nifty tumbled, ending 4.72% and 4.78% lower respectively, one of the sharpest daily declines in nearly two years. The declines...
