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While the contagion risk of SVB’s fallout has been avoided for the time being, there are some lessons we can take away from this episode.

As of 31-Dec-2022, promoters held 0.0 per cent stake in the company, while FIIs held 21.11 per cent and domestic institutional investors had 1.77 per cent.

The Nifty Auto index closed 0.08 per cent up at 12141.95.

The interim dividend will be credited to investors on or before April 19. It will be paid to the shareholders whose names appear on the register of members of the company or in the records of the depositories as beneficial owners of the shares as on March 29, which is the record date.

The record date for the purpose of payment of the fourth interim dividend is set on March 29. The company said the dividend will be paid within stipulated timelines as prescribed under the law.

We expect the recovery to strengthen further. However, the upside still seems capped, citing multiple hurdles till 17,400 levels in Nifty. Besides, caution ahead of the outcome of the US Fed meeting would keep the volatility higher. Participants should align their positions accordingly while keeping a check on leveraged trades.

Data shows that while the number of unicorns globally increased to 1,204 in 2022 from 959 in 2021, the cumulative valuation of new unicorns decreased to $556.6 billion in 2022 to $1,159.8 billion in the previous year

Gold prices have corrected almost 2 per cent after prices hit a fresh 52-week high of USD 2,010 per ounce on Monday as short-term traders took profit and fears of a full-blown banking meltdown eased, Gandhi said.

The three main risks in mutual funds or in debt funds are interest rate risk, liquidity and credit risk. Credit risk is much lower in these funds. One can also manage interest rate risk via duration. In terms of liquidity, Sebi has put in some regulations, having a minimum 10% in liquid assets like cash or T-bills or G-Secs in any fund.

The flexibility helps you tailor your NPS investments in line with your primary asset allocation or allocation strategy at a higher level . Most other products are either skewed towards equity in entirety or a fixed income sort of a construct in entirety, but the beauty about NPS is there is a lot of fungibility in choosing the asset allocation.