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"Risks to financial stability in the euro area have increased amid soaring energy prices, elevated inflation and low economic growth," the ECB said in a biannual Financial Stability Review on Wednesday. "All of these vulnerabilities could unfold simultaneously, potentially reinforcing one another."

“All our commodity stocks, at least the agri commodity stocks, have done very well in the last one year. Talking about the sugar space, Balrampur Chini being the largest player remains interesting for us. So from this space, I would bet on Balrampur Chini rather than playing any other sugar stocks.”

Mercedes Benz Group AG slid 3.5% after a report said that the German automaker slashed its China electric vehicle prices by up to $33,000 as sales lagged.

The brokerage estimated that Nifty PAT margin during the September quarter has trended down 348 bp YoY at 11.5% but is up 2 bp quarter-on-quarter (QoQ). The brokerage expects the margin to recover from Q3FY23, given continued correction in raw material prices during Q2FY23 and Q3 FY23TD across sectors coupled with easing off of high-cost inventory and continued price hikes by companies.

Stock likely to see profit booking due to geopolitical tensions but strong Q2 earnings and profit margin to help narrow loss in long term, says Rahul Sharma, co-founder of Equity99

In a statement, NSE has cautioned investors not to subscribe to any scheme/ product offered by these or any entities or individuals offering assured or guaranteed returns in the stock market as the same is prohibited by law.

“I would want to go into 2023 fully invested. There are some sectors which have not performed well during last one and a half year, including infra and cement or auto ancillaries. This sector should be seen, especially because infra spending will come in big numbers during pre-election year. ”

The recovery in demand, coupled with apparent peaked out inflation, is pushing silver higher. Along with this, limited room for the Fed to push the interest rates higher is another factor.

The quota for retail bidders was subscribed merely 30%, whereas the allocation for non-institutional investors fetched 1.15 times bids. But the portion for qualified institutional bidders was 72% booked.

Analysts remain concerned over the high valuations and diminishing margins of the company. A few of them have suggested booking profits after the debut, whereas others believe that Bikaji is poised to offer crispier returns in the long run.