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A question arises as to why IT companies have done well despite the fear of a recession and a potential downturn in the US and Europe. Has the market overlooked some important detail, or is this just a temporary surge?

A report by American short-seller Hindenburg Research left Adani Group investors poorer by Rs 1 lakh crore in 1 day

New model launches, healthy order book and commodity/operating leverage tailwinds will further support strong performance going ahead," said JM Financial in a client note. The brokerage values the stock at 25 times its one-year forward price-to-earnings as it raised the price target.

At that meeting, the BOJ kept ultra-low interest rates unchanged but beefed up a monetary policy tool to prevent the 10-year bond yield from breaching its new 0.5% cap. Its decision defied market expectations of further tweaks to monetary policy.

"Affordable housing, electricity, Nal se Jal, and higher manufacturing would remain the prime focus for the government. Infra spending will get a further push. Capital expenditure can be increased from 2.9% of GDP to 3.5% of GDP."

On the revenue expenditure front, extending the Free Food distribution to the poor (under Pradhan Mantri Garib Kalyan Anna Yojana) till Dec-23 would seek allocation by taking into account ongoing inflationary trend.

Indian equity markets are well developed and despite huge outflow by FIIs during the last 18 months, the markets have remained buoyant because of strong fundamentals, large domestic equity investment, and reasonable corporate valuation.

The closing of the transactions is subject to approval by the relevant authorities and to additional conditions customary for a transaction of this kind, said the statement. Bank of America has advised the buyer.

Banks have benefited largely due to a quick rate transmission under the external benchmark regime and will lose out on net interest margin (NIM) growth in the coming quarters as they are forced to increase deposit rates to fund credit growth here on

On average, loss makers registered net trading losses close to ₹50,000 in FY22. The average absolute net loss of a loss maker was over 15 times the net profit made by a profit maker, Sebi said.