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Sensex tanks 1,500 points amid Ukraine crisis. 5 things retail investors should watch out for

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Sensex tanks 1,500 points amid Ukraine crisis. 5 things retail investors should watch out for

Stocks in India tumbled today as global equities sold off as global investors fretted over escalating tensions between Russia and the West over Ukraine. The Sensex fell more than 1,500 points at the day’s low, while the Nifty fell below 17,000. Asian shares were under pressure today, while crude oil extended gains as geopolitical risks in Ukraine rippled through global financial markets, spurring demand for safe-haven assets. Gold prices hit a near 3-month high on MCX today.

“Sentiment has turned very negative in the short term as tensions over the Ukraine crisis have grown. Weak global markets are a direct consequence of the Ukraine crisis,” said V K Vijayakumar, chief investment strategist at Geojit Financial Services.

The Indian rupee fell 20 paise to $75.56 in Monday’s open today as geopolitical tensions pushed investors towards the dollar’s safe-haven appeal.

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Ukraine crisis

The U.S. warned that a Russian invasion of Ukraine could be imminent, while weekend talks between U.S. President Joe Biden and Russian President Vladimir Putin failed to break new ground. Meanwhile, German Chancellor Olaf Scholz will visit Ukraine today and Russia the next day for diplomatic talks.

Geopolitical tensions are another blow to risk asset markets, which are already jittery about high inflation and the prospect of aggressive interest rate hikes by the Federal Reserve.

Still, while all of these are negatives, the spread of the Ukraine crisis could spark a sharp rally in the market led by large-cap blue-chip stocks, said VK Vijayakumar, chief investment strategist at Geojit Financial Services.

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Laid stars Stephanie Hsu and Zosia Mamet reveal the worst gifts their romantic partners gave them | Exclusive

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Laid stars Stephanie Hsu and Zosia Mamet reveal the worst gifts their romantic partners gave them | Exclusive

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Stephanie Hsu and Zosia Mamet talk about their new series Laid, and some of the horrors of dating as millennials.
Imagine a scenario where anyone and everyone you have ever been intimate with begins to die one by one. Is it a curse? If yes, then who is cursed? These are questions that Stephanie Hsu‘s Ruby battles with in the new zany comedy, Laid. Ahead of the show’s release, Stephanie and co-star Zosia Mamet spoke exclusively with HT about their roles, the show’s unique premise, and the horrors of dating as millennials. (Also read: Dune: Prophecy star Emily Watson on working with Tabu: ‘She is a true treasure’)

Stephanie Hsu on her character’s flawed morality

Laid, created by Nahnatchka Khan and Sally Bradford McKenna, is the story of Ruby (Stephanie Hsu), who discovers that all her sexual partners are dying one by one, and she must warn them. Helping her in this unique quest is her best friend AJ (Zosia). The fun thing about Laid is that the protagonists are not the usual likeable characters. “She is totally an anti-hero of our story. I really love that,” says Stephanie, referring to Ruby’s moral greyness. “I am not a perfect person and I love playing flawed characters. But it was difficult. The creators told me that she is a total narcissist. But narcissists don’t think they are one, so I had to figure out a way to love her. For me, playing Ruby was about getting into her psychology and finding the innocent part of her – which is that she just wants love,” the actor adds.

While sitcoms usually add the best friend as the voice of reason trope, Laid diverges from that, with AJ even zanier and more morally ambiguous than Ruby. Talking about playing such a colourful character, Zosia Mamet says, “When you play not-so-likable or zany characters, people don’t believe they are that way. I don’t think AJ wakes up every morning and thinks, ‘I am absolutely crazy’. It’s about trusting the writing and finding an organic way into these characters to make them seem grounded, real, and relatable.”

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Stephanie, Zosia reveal the worst gifts they received from partners

In Laid, Ruby gives the gift of death to the men she is with, even if that is inadvertent. Ask the women about the worst ‘gift’ a partner has ever given them, and the discussions veer into the unusual horrors of modern-day dating. “I got a vintage wooden duck decoy from someone. It was broken, and I thought, ‘What does this say about our relationship?’. They didn’t know me well enough to know if I’d want this but also that they gave me something old and ailing,” Zosia says with a laugh.

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