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​​ Unless the high government borrowings and adverse interest rate cycle play spoilsport, the ongoing financial year is expected to be robust in terms of fund raising activities through the debt route on account of higher demand for credit from corporates in light of the improving economic outlook, experts said.

"We expect the Russia-Ukraine issue to settle down in the next 1-2 months and FPI flow would return to Indian equities soon, taking markets to a new high in 2022. We also expect that SIP trend would remain strong as the return from most other asset classes is much lower than equity and equity MFs."

The greenback was 0.43% higher at 126.40 yen after earlier reaching 126.56 for the first time since May 2002. The euro slipped 0.14% to $1.0812, heading back toward the overnight low of $1.0785, a level unseen since April 2020. New York Fed President John Williams said on Thursday that a half-point rate rise next month was "a very reasonable option," in a further sign that even more cautious policymakers are on board with faster monetary tightening.

“If one has to invest in the market now, these sectors could be the top bets – financials, oil and gas as well as cement because coal prices came off a bit and I am expecting a price hike down the line. Plus, industrials and defence are looking good. It is a good time to get into the defence sector. ”

Brokerage Motilal Oswal Securities expects the life insurer to report a net profit of Rs 301 crore for the quarter compared with Rs 63.80 crore in the same quarter last year. This is even as the first year premium is seen falling 9.1 per cent YoY to Rs 1,845 crore from Rs 2,029.30 crore. Renewal premium is seen rising 3.3 per cent to Rs 7,141 crore from Rs 6,912.60 crore. Overall, net premium income is seen at Rs 11,6964, down 1.5 per cent YoY.

According to the binding agreement, Black Rock Real Assets will invest the funds by equity and compulsorily convertible instruments for a 10.53 per cent stake in Tata Power Renewables, translating to a base equity valuation of Rs 34,000 crore. The final shareholding will range from 9.8 per cent to 11.4 per cent on final conversion.

Inflation has been making a comeback all over the world for the last few quarters. It started with the rally in commodities, specially oil and metals, post Covid in 2020 after a 10-15 year period during which various commodity prices had remained largely subdued. After some ups and downs in 2021, the prices started to accelerate around the beginning of the new year.

Poyraz has over 17 years of experience in compliance, strategy, intergovernmental liaison and risk management. This includes designing sophisticated techniques and programs to prevent, detect and report sanctions evasion attempts and money laundering schemes, notably in the traditional financial sector. Poyraz is also a member of the Association of Certified Anti-Money Laundering Specialists and the Association of Certified Sanctions Specialists.

The private lender’s December quarter results had disappointed Street on the fee income front and, thus, fee income would be a key parameter to monitor this Saturday. Besides, one would also watch out for any commentary on the credit card segment and update on the proposed merger of HDFC with self.

While this week saw the hottest readings on inflation in four decades, it also featured conspicuous signs of resilience, including a bounce on Wednesday that pushed the S&P 500 up the most since last month. Two-year Treasury yields eased in three of four sessions, while industrial stocks held firm and volatility benchmarks were unmoved.