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The stakes are high for the July U.S. consumer prices report on Wednesday after an unexpectedly strong U.S. jobs data last week boosted expectations of a sharp interest rate increase to tackle soaring inflation.The broader Euro STOXX 600 fell 0.3%, after logging its best session in nearly two weeks on Monday, with German stocks down

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Cement, Auto, and Metals posted a YoY earnings decline while IT and O&G reported flattish YoY earnings for the quarter.As the benefit of the recent moderation in commodity costs start accruing in 2HFY23E, we expect other sectors to contribute too.As of 31st Jul’22, 31 Nifty stocks reported a sales/EBITDA/PBT/PAT growth of 29%/9%/15%/12% YoY respectively, single-handedly driven by BFSI. Of these, 12 companies each surpassed/missed our PAT estimates.

What is suitable for one investor might not be in sync with another’s financial objectives, so one must consider their overall goals along with the risks one is willing to take.Short-term investments have a validity period typically up to three years - high liquidity instruments, generally involving lesser market risks.

“On a relative basis, we prefer the commercial vehicles and the SUV kind of companies and maybe some of the tractor companies. But in general, the auto sector was one sector which we had for the last two years or so. We have been cautious but this year we have turned quite bullish and we still like it from a longer term perspective.”

The supertred indicator triggered a buy on 6th July 2022 on the daily charts. The stock moved in a tight band of 150 points where 1420 acted as a stiff resistance while on the downside 1280-1300 acted as a support.The stock broke out from the said pattern earlier in August and is sustaining above the support line which is a positive sign.

“In the last 15 days, FPIs have added more than what they sold in the first 15 days. That tells us that this rally had something in the making and also even at this time, there is this sort of a move up in the market, the prevailing mood is to go out and sell, not to go out and buy. That again tells us that it is possible that this rally has legs.”

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"One should look selectively in opportunities in the small & midcap space where growth outlook is good, cash flow generation history is strong, and valuations are reasonable. We believe that easy liquidity days are gone and therefore one should invest in companies with strong fundamentals trading at reasonable trailing multiples than where the thesis is based on future earnings while historical performance was weak."

The growth in overall MSME borrowers has moderated as lenders are focusing on extending credit to existing borrowers, the report said. Total MSME credit exposure is at ₹23.12 lakh crores as of Mar’22 (FY22-Q4), a y-o-y growth rate of 6.3%. Total live MSME borrowers stand at 7 Million as on Mar’22, amounting to a y-o-y growth of 6%.