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“Given how dynamic the variables have been in the last two years and from that perspective, Sundaram Midcap Fund does not try to hit every ball out of the park, rather take singles and score occasional fours. That is the way we have been approaching this market. So sector diversification is one fulcrum on which the fund has been working on seriously over the last year-and-a-half. "

“Whether it is OEMs or ancillaries, a lot of stocks make a lot of sense. One might consider Maruti or M&M which are the top end OEM players in the space. We like M&M more as it is relatively unleveraged and has a bunch of ancillary arms. They are also the holding company for Tech Mahindra, Mahindra Holidays, Mahindra Life and have a defence manufacturing setup as well.”

Multi Commodity Exchange of India Ltd., incorporated in the year 2002, is a Mid Cap company (having a market cap of Rs 7504.92 Crore) operating in Financial Services sector.

Zensar Technologies Ltd. key Products/Revenue Segments include Software Development Charges & Other Services and Software Products for the year ending 31-Mar-2022.

“There is a near-term undercurrent of ‘risk-on’ in equity markets globally triggered by expectations that the central banks will start moderating their rate hikes. The cue has come from Canada where their central bank raised rates only by 50 bps against expectations of 75 bps,” V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services said.

SBI Cards, Indus Towers, Tata Chemicals, REC, Aditya Birla Sun Life AMC, V-Guard Industries, Balaji Amines, Anupam Rasayan, TMB PNB Housing, Latent View and CE Infosystems is among the companies that will announce their results for September 2022 quarter today.

Gold is highly sensitive to rising U.S. interest rates, as these increase the opportunity cost of holding non-yielding bullion, while boosting the dollar, in which it is priced.The European Central Bank will raise interest rates again on Thursday and likely reel in a key subsidy to commercial banks, taking another huge step in tightening policy to fight surging inflation.

Alphabet now has reported three straight quarters of disappointing earnings per share, according to data compiled by Bloomberg, the longest such streak in seven years. Prior to this year, the company had beaten estimates nine quarters in a row, and had only missed once since the end of 2017.

Zuckerberg was defiant on a call with analysts Wednesday. He said people would “look back decades from now” and “talk about the importance of the work that was done here” regarding the metaverse, virtual reality and augmented reality.

Chief Executive Jim Farley on Wednesday said Ford will shift its development focus away from fully self-driving systems developed by Argo to advanced driver assistance systems (ADAS) created internally at Ford. Such systems are partially automated but still require humans to stay engaged when a vehicle is moving.