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The data released on Thursday showed that inflation cooled off to a 12-month low of 5.72% in December, which led to hopes that the rate hike cycle of the Reserve Bank of India may not last long. Similarly in the US, consumer price inflation in December fell for the first time since May 2020

We expect this trend to have gathered more steam in 3QFY23 as banks’ confidence in these product segments increased due to encouraging macroeconomic data despite reasonably tight monetary and liquidity conditions. For this reason, our top picks in order of preference remain HDFC Bank, ICICI Bank and Axis Bank," it added.

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While it might not be necessary to understand the options greeks fully in order to be a profitable trader, if the traders can make themselves aware of the very basics of the options greeks, it will surely add value to their trading and help them avoid some common pitfalls in trading. I am of the opinion that if you look at trading as a business, you must consider using options greeks while trading.

In the past, investors building their portfolio were often constrained by a home-country bias. This geographic approach led investors to focus on their home markets that they were familiar with, which often caused them to miss some of the best performing global businesses in the past ten years.

From the past 4 weeks, the index has been trading in the range of 17770 to 18200. The underlying tone of the market is sideways to negative as the index had formed a bearish engulfing pattern on the monthly chart which is a bearish reversal sign. On the lower side, the index has strong support at 17800 level as it is neckline of Inverted head and shoulder pattern and 100 EMA support on daily chart.

According to the data with the depositories, FPIs have made a net withdrawal of Rs 15,068 crore from the Indian equity markets during January 2-13. Only two of the 10 trading days in January to date saw net purchases.

Recognizing their role, the Indian government decided to permit FPI investment in InvITs and REITs (referred to as ‘business trusts’) in 2016. This was aimed at increasing liquidity and attracting capital for InvITs and REITS, leading to wider participation by global investors.

ICICI Prudential Life Insurance, ICICI Lombard General Insurance, Bank of India, Metro Brands, National Aluminium, Tata Investment Corporation, Eris Lifesciences, Network 18 Media & Investments, TV18 Broadcast, Delta Corp, Mastek, Hathway

"On the global front, the US market will remain shut on Monday on account of Martin Luther King Jr Day. However, we will have lots of macro numbers from the US, Europe and China. Apart from this, movement in crude oil prices, US bond yields and the dollar index will be other important factors," said Santosh Meena, Head of Research, Swastika Investmart Ltd.