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The biggest gainer among all was Brightcom Group, which gained 21 per cent to Rs 44.55.This is after the company reported a 163 per cent YoY rise in net profit at Rs 277.24 crore on a 126.38 per cent YoY rise in consolidated revenues at Rs 1,480.61 crore.

The recent correction was a good opportunity to invest but in hindsight we all are experts. So now if you have missed this opportunity you will have to see beyond what the market is factoring.

Our base case remains that safe-haven demand should fade further, assuming that the US economy does not slip into recession. The bull case remains a recession as it should lead to a significant pick-up in safe-haven demand. Meanwhile, silver should continue to move in gold’s slipstream.

Speaking at the company’s first annual general meeting as a listed company, held virtually, he also said Paytm was on track to turn operationally profitable by September next year.

The services sector can emerge as the key driver and inflationary pressures should soften further going ahead, the ministry said in its Monthly Economic Review released Friday.

Having shifted the coins offshore using the Blockchain network to avoid stifling regulations, they have sensed that sharing the information with Income tax (I-T) authorities could invite as much trouble as hiding it.

After notching its worst first half since 1970, the S&P 500 has bounced some 16% from its mid-June low, fueled by stronger-than-expected corporate earnings and hopes the economy can avoid a recession even as the Fed hikes rates.

"Nothing happens too fast, even biking. I avoid driving too fast, and at the same time, remain cautious on the road. It is the same story in equities; nothing happens overnight, be patient," said Sumit Chanda

Among these are measures that show the "breadth" of a market move, or whether a significant amount of stocks are rising or falling in unison. A period of narrowing breadth late last year came as a worrying sign to some investors and preceded the start of a decline in the S&P 500 in which stocks fell nearly 21% in the first half of 2022.

This is why Treasury yields have been able to recover from their lows ploughed at the start of the month, giving the US dollar, which has been benefiting from renewed safety flows, an extra helping hand."