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Thirdly, much stronger-than-expected US data like Q4 GDP, advance retail sales (February), ISM non-manufacturing (January), and US durable goods orders (December) have faded away the risk of a recession at least in the near term. Thus, expectations of a Fed pivot are being pared down.

Today, India’s key challenges are selling from FIIs, a high-interest rate, elevated inflation, and slowing earnings growth. We feel that most of the issues are getting factored into the prices. If the cautiousness continues in the short-term, we can presume that the worst is over, limiting further price corrections though valuation moderate.

Today, India’s key challenges are selling from FIIs, a high-interest rate, elevated inflation, and slowing earnings growth. We feel that most of the issues are getting factored into the prices. If the cautiousness continues in the short-term, we can presume that the worst is over, limiting further price corrections though valuation moderate.

From Adani Enterprises to Nestle India, a host of index heavyweight companies have reported their December quarter earnings this week. If you have missed tracking the numbers, here is a quick snapshot.

While these numbers should not put you off investing in mutual funds, it is better to understand the underlying risks of investing in mutual funds to formulate a strategy and earn decent returns.

Technically, the structure is still bullish and Nifty stands at the strong polarity support, failing to hold which the index is likely to see a further correction towards 17,650 – 17,500 zones. Only a sustained close above the 18,200- 18,250 zone is likely to trigger bullish momentum toward the 18,450 – 18,500 levels.

Take the above concept to understand some investor’s bias, when a stock gets included in popular indices like Nifty50, based on past performance. The above average performance may not sustain after the inclusion, as it is just reverting to its long-term mean.

The Adani management had told investors during an analyst call Thursday evening that it will refinance two dollar denominated bonds due in 2024 one year ahead of maturity and prepay $390 million loan at Adani Transmission Step-one through cash to address the near-term maturities.

Benchmark indices Sensex and Nifty rose 0.99% and 0.62% for the week, respectively. Meanwhile, the BSE Smallcap index lost about 0.33% in the past five days.

The main indexes were on track to lose ground for the week as economic data pointed to elevated inflation, a tight job market and resilience in consumer spending, giving the Fed more room for to raise borrowing costs.