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Nifty IT index has corrected more than 50 per cent on a year to date basis, compared to a two per cent drop in Nifty50. It is the worst performing sectoral index for the year and only one in the bear grip, falling more than 20 per cent.

We have seen good up moves in some of the banking space wherein banks like ICICI and SBI have been outperformers. But if you go beyond that Axis Bank today at 750 levels used to be at 650 back in 2015, same where IndusInd Bank is much lower than where it was in 2015.

Financial planning, money management, and investments have traditionally been male-dominated and male-oriented. Women have not been encouraged to actively manage money as the ecosystem has predominantly targeted men.

Gold prices have moved lower over the course of 2022, as many central banks across the globe have embarked on rate hiking regimes in order to get control of inflation. Gold in India hit another new low, as the US dollar continued to make new highs on the back of the US Fed announcing one of the most aggressive rate hiking campaigns in decades.

The correction in commodity prices in the second half of the previous quarter has offered some respite to the industry. This has also instilled the hope that the worst for the FMCG sector in terms of higher input costs and rural growth slowdown may be over.

Credit Suisse Group strategists said this week that earnings faced an "extreme" risk and that stock funds had yet to see "significant" outflows - all implying further declines in the S&P 500.

However, it also depends upon the stocks you select, a majority of companies need constant active tracking as in monitoring their quarterly earnings, sectoral tailwinds, and actions of the management at periodic intervals, and doing it on a part-time basis is dangerous.

RBI Governor Shaktikanta Das said last week that 57% of the dip in reserves was due to valuation changes.

Officials at the Federal Reserve have been keeping a close eye on hiring and wages as they proceed with a series of rate increases meant to combat inflation. The job data indicates that, for now, they are doing so without tipping the economy into a recession that would throw millions out of work.

Besides macro worries, the FII flow this month is likely to be guided by the earnings season, which begins next week. Analysts expect profit growth to be healthy owing to strong top-line growth. “Low base is likely to aid strong growth in autos, industrials and consumer services, while financials and chemicals shall sustain their momentum. Meanwhile, earnings moderation is likely in IT, pharma, cement and durables,” Edelweiss Securities said in a report.