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Thierry Wizman, global FX and interest rates strategist at Macquarie in New York, said with the decline in gasoline prices the CPI data could surprise to the downside.

Over the past few years, Bitcoin has witnessed a surge in retail and institutional interest. The submission of Bitcoin spot ETF applications by major corporations such as BlackRock, Fidelity, and Grayscale signals a surge in momentum. Furthermore, the regulatory landscape, once characterized by ambiguity, is gradually evolving to accommodate and address the challenges posed by this innovative digital asset.

“For investors who are attracted to Korea because of either the broader economic fundamentals or the fundamentals of specific stocks, I don’t think it’s going to be a major factor,” said Steven Schoenfeld, chief executive at MarketVector in New York. “On the margin, it will be a small negative.”

“PSU stocks market cap have gone up a little more than 3x in three years. But there are individual companies, within this basket, of course, that have given 500, 800, 1000%, 1500%, 2000% returns. PSUs are clearly the leader of the market. I still feel that, PSU banks are quite compelling. I do not think they have peaked out.”

“In India the largecaps – Nifty, Sensex can compound 12% longer term. I do not see a challenge in that. Markets are now close to historic multiples, slightly higher but I think there are three reasons why Indian multiples may settle higher than the past – faster growth, lower cost of capital and lower volatility.”

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Bharat Rasayan, a smallcap company with a market capitalization of about Rs 3,900 crore, is a R&D driven chemical manufacturing company. It is engaged in the production of fatty acid anhydrides, grignard reagents, pharma intermediates, esters and solvents on a regular basis.

Multibagger returns among the midcaps were lower, compared with the smallcaps, with just 9 companies rising over 100% in the last one year period. REC Ltd topped the charts in the midcap segment by delivering 247% returns in Samvat 2079, closely followed by IRFC (247%) and Power Finance Corp (240%).

Sales of the worst affected mass-to-mid segment products across categories have also seen a slight improvement in this season with single-digit growth, according to companies, retailers and market researchers. The revival has been driven by urban and semi-urban markets, with the critical rural markets still showing no signs of a recovery.