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However, it also depends upon the stocks you select, a majority of companies need constant active tracking as in monitoring their quarterly earnings, sectoral tailwinds, and actions of the management at periodic intervals, and doing it on a part-time basis is dangerous.

Forex reserves dip $4.9 billion to $532.66 billion

Updated at : 2022-10-08 12:20:01

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RBI Governor Shaktikanta Das said last week that 57% of the dip in reserves was due to valuation changes.

Officials at the Federal Reserve have been keeping a close eye on hiring and wages as they proceed with a series of rate increases meant to combat inflation. The job data indicates that, for now, they are doing so without tipping the economy into a recession that would throw millions out of work.

Besides macro worries, the FII flow this month is likely to be guided by the earnings season, which begins next week. Analysts expect profit growth to be healthy owing to strong top-line growth. “Low base is likely to aid strong growth in autos, industrials and consumer services, while financials and chemicals shall sustain their momentum. Meanwhile, earnings moderation is likely in IT, pharma, cement and durables,” Edelweiss Securities said in a report.

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The Nifty Bank index, which gained 4.23% during September 1-15, declined 6.25% in the second fortnight amid selling by foreign funds.

Plagued by the unorganized players offering commoditized products, the key is to create a strong product capability, sharp pricing and deep distribution reach to incentivize customers to use better-quality branded products.

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Titan was among the most actively traded stock futures contract on Friday after the optimistic sales update as traders added fresh bullish bets.

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The RBI said that the purpose behind issuing the concept note is to create awareness about CBDCs in general and the planned features of the digital rupee.

With several stocks in the midcap and smallcap space having seen multi-fold rise in prices, a section of the market believes that one should take calculative bets in these stocks and book profits at current levels.

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It has decided to allocate a total of 1.74 crore equity shares to anchor investors at Rs 80 apiece, aggregating the transaction size to Rs 139.22 crore, according to a circular uploaded on BSE website.

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