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"On succession plan or whether this position will remain vacant, till the time we are able to find a suitable candidate who can take us forward in a direction that I mentioned for next three to five years, we are looking out for a candidate who can be quite seasoned and who would be having an experience of not just broking, but should also be having a good experience on other products that we are going to offer."

This move was in a view of limiting Russia’s fossil fuel earnings without hindering the global supply chain of the widely used fossil fuel. The seven-member group believes that the price cap would limit Russia’s ability to pay for its war against Ukraine.

The US currency also had appreciated almost 8% versus most currencies and 10% versus India, which in 2023 so far has been stable. The DXY correction of 10% from its peaks of 115 also gives the Global and Indian investor reason to cheer.

"Maruti can do much better from here. Similarly, in the case of Ashok Leyland, we are seeing an uptick in demand for CVs and things improving on the economic front. The EV play is rolling out for Ashok Leyland very well. Both stocks should do well. In M&M, we have seen a sharp movement and it is one of the best performing auto names in the last one year."

The nine stocks are Nuclear Software Exports, Finolex Cables, Waaree Renewable Technologies, Chaman Lal Setia Exports, PG Electroplast, Ganesh Benzoplast, WPIL, Zen Technologies, and Apar Industries. Nuclear Software Exports hit its 52-week high on February 16. The stock has rallied 39% in the past week. So far this year, the shares have surged 42% on a year-to-date basis.

“EV as a theme is here to stay. So that way, TVS Motor, Greaves Cotton, will do well because one, a) valuation is on the side, b) volumes on the EV space are coming through and c), after the current cycle of interest rate hike, as it peaks, we will see a return of demand for two-wheeler segment.”

Now, amid rising interest rates, persistent inflation and warnings of a potential recession on the horizon, research from S&P Global Ratings is underscoring just how far from reality the earnings projections are proving to be

"The company is unable to service its obligations in respect of the interest on Non-Convertible Debentures was due on February 16, 2023," it said.

"Weakness is there in the banking space. We believe that IndusInd Bank can continue to correct from current levels. If you are holding IndusInd Bank, you can book profits because looking at the setup we believe that stock can correct further towards 1050, 1040 level."

"One little contrarian or little ahead of the curve call would be metals. We have seen really atrocious numbers. As China recovers and we see the Chinese economic recovery gaining traction around June, all of a sudden you will see price action coming back. So I would take some positions in metals in anticipation of a Chinese recovery; the profit numbers were very poor, and margins fell down because of pricing going off, I think global pricing will come back to metals and that will help our metal producers as well."