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He said there is intense competition going forward because when global central banks are fighting inflation, commodities do not do well. "Commodities in general and metals are underweight, and steel and metal stocks are sell-on-rise."

Headline indices in India declined about 4% in September, but this was far lesser than the steeper cuts seen by its developed and emerging market peers. Thanks to the continued inflows from domestic institutional and retail investors, Indian equities managed to be an outlier. DIIs net bought Indian equities worth more than Rs 15 crores in September.

The resilience shown by Indian equities to withstand global shocks does put them on a better foot, but analysts are of the view that profits should be booked in the midcap and smallcap space now.

The stock has a major presence in the brandy market. The company has seen a turnaround from a Rs 38 crore loss last year to a Rs 45 crore profit this year and I expect it to report Rs 75 crore profit now, Maheshwari said.

Saving is the aim of financial planning. Every month you should start saving money before making any expenses. Aim to save at least 20% of your disposable income. Without mandatory savings, all your income becomes disposable.

IT stocks were the worst hit as the BSE IT index slumped over 22% during the period amid worries around the impact of the recession on margins as well as demand. The realty index was hit equally badly as interest rates began to rise.

Credit growth continued to create new high, rising 14.8% year-on-year in August. Services and industry credit led credit growth, followed by agriculture and retail. Retail credit growth remained strong at 19.5%. Within retail, an uptick was seen in consumer durables, credit card outstanding and vehicle loans.

Options have become a popular vehicle for retail investors looking to place leveraged bets in hopes of outsized gains. Retail trades are now 35.9% of option premium value traded as against 33.7% in FY22. A number of brokers have introduced low flat fee trade for options on easy-to-use platforms.

Kim believes that in the current inflationary environment and amidst rising interest rates, generating alpha from their traditional investments is becoming hard for ordinary investors. Given this scenario, Mirae Asset Mutual Fund will position itself as a differentiated fund house in the Indian market providing solutions in both the active and passive space.

Sebi said it has banned Gautam Thapar, Avantha Holdings, Action Global and Solaris Industrial Chemicals from the securities markets for 5 years. A fine of Rs 10 crore has been imposed on Thapar, while the three other entities have been slapped with a penalty of Rs 5 crore each.