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After the Q3 earnings, a host of brokerages have downgraded the target price on a number of stocks.

The U.S. Fed will release the minutes of its latest meeting on Wednesday, which will give traders a glimpse of how high officials are projecting interest rates will go after recent data showed stronger-than-expected U.S. employment and consumer prices

The Nifty Pharma index closed 0.23 per cent down at 11991.85.

U.S. yields have been persistently rising on back of the ongoing reassessment on how high the Federal Reserve could raise rates.Futures are pricing in a peak Fed rate of 5.35% and less than 20 basis points (bps) of rate cuts in the year.U.S. yields have been persistently rising on back of the ongoing reassessment on how high the Federal Reserve could raise rates

ESG schemes under the proposed new category should be permitted with a minimum 80 per cent investment of total assets in equity or debt stocks of a particular theme as per the sub-categories. However, the residual portion of the investment should not be starkly in contrast to the philosophy of the scheme

COMEX gold prices fell slightly, while dollar index remained elevated in the Asian trading hours on Tuesday in anticipation of another increase in the interest rate, Sriram Iyer, Senior Research Analyst at Reliance Securities, said

Wall Street short-seller Hindenburg Research had warned against price manipulation and accounting fraud by the group. Market regulator Sebi, which is already probing allegations made against the group, has now sought details of all ratings of local loans and securities of group companies from credit rating firms

“The banking story will continue. However, it is difficult to call out the peak of something meaning that post that, they are going to decline.We have a growth factor to rely on and the credit cost and the NPAs have been favourable. As well as banks have done in the last couple of years, especially in the last one year, there is still more momentum and I would focus on the banking industry.”

The combined market capitalization of primary listings in the UK, excluding ETFs and ADRs, reached about $3.11 trillion on Tuesday, some $5.1 billion higher than their Indian equivalents, according to data compiled by Bloomberg. That hasn’t happened since May 29.

Some of the key trends from the recently concluded quarter include easing inflationary pressure, bottoming out of weakness in rural demand, and services exports relatively untouched from the impact of slowdown in developing market economies