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​This indicates a bullish sentiment in the market, as the average traded and delivered quantity for 5 days along with the cumulative open interest, and the price for the stocks have increased​

Since its lows of March 23, 2021, the Nifty PE has risen from 18.49 and now stands at 21.70. In the same period, its price to book value rose sharply from 2.34 to 4.9 and dividend yield fell from 2 to 1.45. During this period, the Nifty returned 125.8%

Gold prices rose by 0.3% to reach $1,945.60 per ounce, while US gold futures held steady at $1,960.10, following a 1% plunge in the previous session. It comes as investors look to approach the Federal Reserve policy meeting with some caution after the Bank of Canada raised rates to a 22-year high. The US economy remains strong as consumer spending drives it forward, but some areas are slowing down, according to US Treasury Secretary, Janet Yellen.

​Already, most PSBs have reached 1% ROA or so and looking at how the growth and even the credit quality which is continuing to improve, like there was somewhere this notion that the credit cycle will start to show some signs of moderation and therefore the credit cost will start to increase, but the pace and the levels of GNPA that these banks have reported in Q4 in the SMA books points towards further improvement in the coming quarters.

Remember the compact SUV market last year was about 870,000 out of which about 50,000 only was the lifestyle SUV market. But we do see a trend towards more people coming into this category and surely the addition of this one new model Jimny in this category would add to the numbers overall

​So what happens is that not only is the revenue per car going up but also the EBITDA is growing and because of this measure we expect the company to maintain its margins and also continue to grow at a heady clip.

​Both views proved to be false because in the initial stages of a new technology rollout there is a huge amount of coding that has to be done and nowhere on the planet can you do it better and cheaper than India.

​I also think, players like Tata Consumer will continue to do well. It is a food and beverage company, largely continues to expand. Last year, the distribution reach has gone up from almost 0.5 million outlets to 1.5 million outlets. HUL, by the way, is 10 million outlets.

GameStop posted its fourth consecutive fall in quarterly revenue on Wednesday and missed market estimates, as consumers dialed back non-essential spending in an uncertain economy.

Indian equity markets rallied ahead of the Reserve Bank of India policy outcome as investors anticipate a status quo. The S&P BSE Sensex gained 350 points to 63,000 levels, and the Nifty50 settled at 18,726. All sectors closed higher, with metal, realty, oil & gas, power, energy and FMCG indices all increasing by more than 1%. Varun Beverages shares dropped by 2.17% whilst Nestle rose by 3%. Stoxbox recommends investors avoid Torrent Power and Varun Beverages and buy Nestle India.