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The medium-term outlook for Indian markets remains positive. Earnings growth is strong and diversified across sectors. The economy is set to continue its revival in FY23, despite global headwinds and tightening rates. We remain constructive from a medium-term perspective. We are positive on IT, manufacturing, automotive, chemicals and pharma and high contact sectors like retail and hospitality.

“Near term, because of the expectation of the higher interest rates going up across the world, investors might be a bit cautious on the banking space but it is a good opportunity to accumulate over the next few months. Our preference within the banking space are ICICI Bank, SBI and Axis Bank.”

“Exports have been a fairly large driver of manufacturing. My worry now is that the cost of finance in addition to high commodity prices is likely to be another headwind that we are going to see in FY23. We need to navigate and balance policy in a manner which keeps growth from sinking too much in effort to control inflation.”

Asked in a CNN interview whether she was wrong to downplay the threat that inflation posed in public statements over the past year, Yellen said: "I think I was wrong then about the path that inflation would take.

Mahindra & Mahindra Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 128589.62 Crore) operating in Auto sector.

Delhivery cofounder and chief executive officer Sahil Barua and Sandeep Barasia, the chief business officer, told ET in a post-earnings call that its operating leverage would kick in even as it continues to chase growth.

The food service industry is expected to clock 9% growth with QSRs likely to grow faster at 23% over FY20-25 as they operate on mass prices, brokerage Motilal Oswal said in a recent report. The outlook forecasts come amid industry revival after two years of pandemic-induced downturn marked by lockdowns, curbs on operating hours, and consumer fears about stepping out. The 4₹.2 lakh crore food services industry witnessed permanent closure of over 25% restaurants.

eMudhra will make its debut at the bourses on Today. The company sold its Rs 412.79 crore initial public offering (IPO) in a the range of Rs 243-256 apiece between May 20-24. The issue was overall subscribed 2.72 times.

However, with Germany and Poland already confirmed they won’t be buying Russian oil via pipeline or sea, the total effect would be to cut 90% of Russian crude sales to the EU by year’s end," analysts from ANZ Research said in a note

With Russia being one of the two most important members of the alliance (alongside Saudi Arabia), any decision on increasing output has become highly political," Craig Erlam, analyst at trading platform OANDA, told AFP.