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“Bond market volatility will stay elevated for the next six to 12 months,” said Anwiti Bahuguna, portfolio manager and head of multi-asset strategy at Columbia Threadneedle. She said the Fed could pause its rate hikes next year only to resume if the economy is stronger than expected.

With India being the only market offering growth and stability along with status of least depreciating currency, analysts said we may not see major withdrawal of foreign funds from equities. “On a full year basis, we may not see FII flows in the next Samvat to be worse than that in the current Samvat as incrementally Indian markets will not look very expensive vis-a-vis its peers or its earnings growth,” said Deepak Jasani, Head of Retail Research, HDFC Securities

Though India is in a better position, high inflation in the rest of the world will have a cascading effect on the domestic economy and the stock market.It is logical to invest in areas that are less elastic to high inflation like service providers as well as staples. Industries that have a high growth cycle, steady source of raw materials (no supply issue), and low leverage.

“We are going to be a total food and beverage company. We are in the beverage business, the food business, we are also in packaged tea. So we are looking at the entire playing field: organic and inorganic growth is on the table. I would just leave it at that.”

DLF Ltd might delay the launch of a real estate investment trust (REIT), its top executive said, due to headwinds from rising interest rates.

“India is transiting from being a part of global emerging markets to becoming a single country allocation. We will get money on our fundamentals, on our earnings growth no matter what happens to the emerging markets if we can make that transition. And the beginning of that transition has begun.”

“I am a very conservative investor. I have always had about 60-70% of the portfolio in hybrid funds. My preferred category has been balanced advantage and I also think they offer a mix of debt and equity with tax efficiency. That is why I do not hold debt explicitly. So that is the bulk.”

Both BSE Sensex and Nifty50- jumped more than 2 per cent each. Midcap and smallcap indices also ended in red, whereas fear gauge index India VIX slipped below 18-levels. On the sectoral front, buoyancy on the banking front combined with a buying in select IT, energy and FMCG majors kept the tone positive for most of the week. However, metals and media counters were disappointed. Seven key factors that will guide the markets in the truncated holiday bound festive week.

"Lemon Tree Hotels is one of our high conviction bets. We have built a large concentrated position of 8% in Lemon Tree. Gujarat Fluorochemicals is another stock in our portfolio. We have owned this stock from a price of Rs 580 to today’s price of Rs 4,000. Then comes Bharti Airtel which has strong momentum in India with improving ARPUs. The other two bets are Titan and Motherson Sumi Wiring. "

Operationally speaking, it’s performance has been near-flawless. A slew of worries over cryptocurrency volatility, the depth of the market for futures and the cost of rolling its underlying contracts have all fallen by the wayside in 12 months of solid functioning for the ProShares Bitcoin Strategy ETF (ticker BITO).