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JPMorgan maintained an underweight rating on TCS post December quarter results with a target price of Rs 3000. Jefferies maintained its hold rating on TCS with a target price of Rs 3500 post December quarter results.

Bed Bath & Beyond has struggled for years with shrinking sales as it competes against Amazon and other rivals, with investors pointing to problems including cluttered stores and an over-reliance on discount coupons. Its shares fell 83% in 2022.

If U.S. consumer price data released on Thursday confirms the cooling seen in most recent monthly jobs report, Atlanta Fed Bank President Raphael Bostic told reporters on Monday that he would have to take a quarter point increase "more seriously and to move in that direction."

The stock doubled from its lowest level of Jun’22 (Rs 304) and rose to 10-year high of Rs 607. Currently, the stock is trading tad below its prior point of polarity (Rs 620). In the past, the stock reversed after a short-term up-move and witnessed profit booking. The key technical indicators witnessed bearish divergence on short-term timeframe charts. Hence, profit booking advised at current juncture.

The two major factors cited by analysts for not turning bullish on the stock is the lack of clarity from the management on the outlook for deals, and the valuation discomfort.

The company offering allied capital markets services will also release its quarterly results. This is another stock that has generated significant wealth for investors with a 3-year return at 199%.

Core consumer prices in Tokyo, released on Tuesday, rose a faster-than-expected 4.0% in December from a year earlier, underpinning market expectations that the Bank of Japan may phase out its massive stimulus by tweaking its yield curve control policy.

“Depending upon different transactions, the due diligence process time is different. In the case iof IDBI Bank also, it will depend much on how the things pan out in the due diligence virtual data room and what additional information is required. Usually it would be three to four months at least.”

"2023 will be more volatile than 2022 also because in the period between 2018 and 2023 will be a volatility expansion phase. In this phase, the traditional style of buy and hold approach will not work. With that background in mind, I have to protect my downside also in the turbulent phase. "

In July 2021, the RBI issued an advisory to banks and financial institutions to cease entering into new financial contracts that reference Libor as a benchmark and instead use any widely accepted alternative reference rate (ARR) by December 2021. The issue figured in a meeting between RBI and senior executives of all top banks in December.