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Efforts are on to find a middle ground in the negotiations with the European Securities and Markets Authority (ESMA) which has derecognised six key institutions including Clearing Corporation of India (CCIL) and NSE Clearing Limited (NSCCL) which are central counterparties (CCPs) for settlement of trades in foreign exchange, gilts, and currency and interest rate derivatives.

The 2,400-bed hospital chain, owned by a TPG Growth platform Evercare, also saw interest from Max Healthcare and Carlyle, among others. Investment banks Rothschild and Barclays are advising TPG on the sale process.

While in the last few quarters, loan demand was led by higher utilisation of working capital due to increase in commodity prices, from the September quarter onwards corporate loan growth has trended towards fresh capacity building, bankers told ET.

Four Fed policymakers on Friday indicated they would still consider a smaller interest rate hike at their next policy meeting, despite new data showing another month of robust job gains and only small signs of progress in lowering inflation.

The two currencies were huge beneficiaries of a broad rally on Friday - rising nearly 3% - as speculation that China could soon end its COVID restrictions gathered pace ad buoyed risk appetite.

Supreme Industries declared a special dividend of Rs 6/- per equity share. The stock shall trade ex-dividend on November 7, 2022. In the past 12 months, the company has declared an equity dividend amounting to Rs 18 per share. On Friday, the scrip was trading 1.63% higher at Rs 2,237.10, over its last day’s closing price of Rs 2201.30.

The total income during the quarter ending September 30, 2022 went up to Rs 5,852.45 crore from Rs 5,028 crore recorded as on June 30, 2022. The total business stood at Rs 4,34,441 crore as against Rs 4,23,589 crore.The deposits grew to Rs 2,61,728 crore from Rs 2,60,045 crore.

Besides my momentum portfolio, I trade the index using a trend-following system and make long and short trades using the relative performance of different stocks. I think I am overly cautious as a trader, and that means I am usually conservative and err on the side of caution.

Apart from these challenges in the past decade, 2020 turned out to be the biggest blow with the Covid-19 pandemic. All these challenges have had a significant impact on Indian equities. Thus, it can be surmised that Indian equities have undergone an intense period of cleansing, now showing sustainable results.

As the US central bank continued to battle the worst outbreak of inflation in 40 years, the Fed announced four additional rate hikes this year, pegging the benchmark federal funds rates to 3.75%-4% in November.