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"The calender year to date (CYTD), Nasdaq is the best performing asset class, 10% odd up from where it started the year, while other asset classes are not performing that well. It is bottoming out of these tech assets because the market does see that in the medium term, the interest rate cycle has peaked out. And that is creating uncertainty."

AEL has rated loans of ₹13,900 crore. They comprise fund-based and non-fund-based loans, as per a Care Rating report released in mid-October last year. It also has working capital loans of nearly ₹2,000 crore, most of which comprise commercial paper (CP), a lender said.

Since 1994, India has encountered seven instances of El Nino, hurting farm production and hence resulting in higher non-performing assets for banks in the related subsequent three-four quarters. The latest instance was in 2019, after which agricultural NPAs for the State Bank of India shot up, from 11.6% in the fiscal year 2019 to 15.9% in the fiscal year 2020.

The fund manager will invest a minimum of 65% of the corpus in dividend-paying companies, with the portfolio built in a manner that the overall dividend yield is at least 50% more than that offered by the Nifty50 pack. The scheme will be managed by Rohit Shimpi and its performance will be benchmarked against the Nifty 500 TRI. The minimum investment is ₹5,000 and the NFO closes on March 6.

The IPO includes a fresh issue of ₹180 crore and an offer for the sale of up to 3.93 million equity shares. The company intends to meet capital expenditure requirements for the purchase of equipment and machinery from the net proceeds of the fresh issue.

Inflation for a broad array of services in the United States remains "stubbornly high," Jefferson said

The bank said in a note dated Sunday that it expects oil prices to rise gradually to $100 per barrel by December, assuming OPEC increases output by 1 million barrels per day in the second half

Gold has support around $1,806 but it has been sliding on higher-than-expected inflation and economic data continues to be quite firm, said Bart Melek, head of commodity markets strategy at TD Securities

On Saturday, the shareholders approved the preferential issue of OCDs to ATC on Saturday, amounting to a fund raise of Rs 1,600 crore. This move will allow the telco to pay off most of its dues to the Boston-headquartered tower company

The sharp jump in options volume in the last 2 years has been mostly due to intraday stock traders switching to options after the intraday leverage restrictions was imposed by market regulator Sebi in early 2021