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There is widespread speculation that the US Fed in its July 26-27 meeting may increase the interest rate by 50-75 basis points, which could result in flight of capital from emerging nations like India. With dollar outflow and elevated level of crude oil prices, the rupee would see further depreciation.

While the BSE Bank index has risen by 5 per cent since the beginning of 2022, as against a decline of nearly 4 per cent in the BSE benchmark Sensex, some key banking stocks like Bank of Baroda have rallied by 30-40 per cent in the same period, as per the stock exchange data.

Overall, the bank reported a 29 per cent on-year growth in advances during the reporting quarter at Rs 2,80,171 crore, from Rs 2,17,447 crore a year ago, and 3 per cent growth over the March 2022 quarter numbers when its loan book stood at Rs 2,71,254 crore. But as much as 35.2 per cent of this incremental advances are in the unsecured segment, which on annualised basis soared by 81 per cent to Rs 22,085 crore in Q1.

"As for this year, TAC Security is looking at major expansions in all aspects. We are in the works for a lot of new product launches, partnership announcements, and consistent client onboardings," said Vijay Kedia.

India has remained one of the better-performing markets with MSCI India USD down ~14 per cent YTD (as on July 12, 2022) compared to MSCI EM down ~21 per cent and MSCI DM down ~20 per cent during the same period.

Chauhan will also need to steer the long-pending public offer of shares at the National Stock Exchange (NSE), where he was part of the founding team but left it in 2000, for various roles at Reliance Industries group, before returning to the stock exchange arena as deputy CEO of the BSE in 2009 and then as CEO in 2012.

According to data with depositories, FPIs invested a net amount of Rs 1,099 crore in Indian equities during July 1-22. They have significantly slowed down their relentless selling and have even turned buyers for several days this month particularly during the last few days.

Besides FII flows, US FOMC outcome, movement in the rupee-dollar trade, crude oil price trajectory and the scheduled expiry of July month derivatives contracts will keep the participants busy this week. Here’s breaking down the key triggers to track

Axis Bank, Tata Steel, Tech Mahindra, Macrotech Developers, Canara Bank, Glaxo, KPIT Tech, Tanla Platforms, IEX, Century Textiles, Anupam Rasayan, Tejas Networks.

This amount is more than what they bought between 2009 and 2021 (net purchases). Various reasons, such as the Russia-Ukraine war, lockdowns across major Chinese cities, increasing inflation across India and the US, recessionary concerns in developed countries, and hike in interest rates by the Fed, led to the stock market’s decline causing tremendous volatility in the stock market.