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The expansion of the eligibility policy will provide students with the opportunity to use Level I of the CFA Program as a clear signal to employers that they are serious about a career in the investment profession. Many of the skills of portfolio management and financial planning, which are core competencies of the CFA Program, are transferrable to the wealth management industry, and will therefore help address industry demand for well-trained, ethical professionals.

Bond traders expect the monetary authority’s overnight rate to plateau at about 5% by mid-2023 as the central bank takes time to assess the impact of its policy changes.

Now, as equities head toward their worst year since the 2008 financial crisis, retail traders have suffered even sharper drops and their share of US equity market volume has slipped since the start of 2021.

Since equities peaked on the final day of November, energy shares have led the retreat, a departure from all three previous selloffs of 2022 when raging inflation spurred demand for materials producers. Companies that are more sensitive to the economy, like financial firms and makers of consumer products, are among the laggards in December.

Russia is the key fuel exporter to European countries, but slashed supplies in response to the sanctions placed on the country for its invasion of Ukraine

The main question continues to be the duration of the potential outage... the longer the duration, ultimately, of course means potentially tighter inventories in Cushing or heavy (crude) on the Gulf Coast," said Michael Tran, a managing director at RBC Capital markets.

This is a classic example of a K-Shaped recovery where the economically lower segment is not able to cope with rising inflation.

Despite a stellar run, public sector bank stocks are far from their lifetime highs. Analysts remain bullish on the entire public sector bank pack and recommend buying them given the favourable risk-reward.

Talking to people from various backgrounds and skill sets is quite an energizing experience. My association with the India Fintech Forum, for example, has introduced me to highly intelligent people with different skill sets and a technology-backed solution mindset which, in turn, has made me evolve further as a leader

In addition, we are witnessing a negative divergence in daily RSI. Hence, on the downside, a break below 42,950 which is the weekly low might bring a pause to the upside momentum. In such a scenario, the index might correct towards 42,000 or more. Any short trades in the index can be considered only below 42,950.