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On whether he is more bullish on the market now than what he was in the beginning of 2022, the fund manager said his team spends very little time on thinking about the direction of the market.

IDFC First Bank, incorporated in the year 2014, is a banking company (having a market cap of Rs 38931.48 Crore).

“Economic data indicates a slowing economy and declining inflation which implies that the Fed is close to pausing on rate hikes. Confirmation of this trend can lead to revival in equity markets,” V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services said. Economic and market indicators suggest that India’s outperformance can continue in 2023 too, Vijayakumar added.

Hindustan Aeronautics key Products/Revenue Segments include Sale of services, Engineering Goods, Spares And Others, Development Projects, Miscellaneous and Other Operating Revenue for the year ending 31-Mar-2022.

“This fund is very different from some other funds because we can play multiple sectors, multiple commodities and we can also play up cycle and down cycle in commodities. For example, if one is positive on oil, one can buy upstream. If one is negative on oil, one can buy OMCs.”

Nifty futures on the Singapore Exchange traded 31 points, or 0.17 per cent, lower at 18,456, signaling that Dalal Street was headed for a negative start on Tuesday.

Fed Chair Jerome Powell said last week the central bank will deliver more interest rate hikes next year to curb inflation. Other major central banks have also highlighted the same. * Although gold is seen as an inflation hedge, higher interest rates raise the opportunity cost of holding bullion.

With effect from December 20, 2022, Home Development Finance Corporation Ltd. (HDFC) increased its Retail Prime Lending Rate (RPLR) by 35 basis points.

In November, no-frills carrier IndiGo carried more than half (55.7%) of the total domestic traffic at 65.01 lakh passengers, followed by Vistara at 9.3%. The latter carried 10.87 lakh passengers.

The total shareholding of Adani has increased to 37.45% with the closure of the open offer. The open offer was triggered after VCPL acquired a 99.5% stake in RRPR Holding Private Limited (RRPR) which translated to 29.18% of the shareholding in the TV news company