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Financially, the industry’s revival is expected to continue in the second half of FY23 due to pent-up demand and low base despite a minor semiconductor shortage, but valuations have gotten elevated.

Nifty Bank is at its all time high, although there is some weakness in it, the index can retrace back to 41,400 levels which might be crucial, any strong closing below 41,300 this can indicate a breakout failure and there can be selling. Range of 42,000-42,500 can be expected for the upcoming expiry.

FOMC member James Bullard stated the central bank needs to continue raising interest rates probably by at least another full percentage point as rate hikes have had only limited effects on inflation so far.

Before we get to different methods, we set aside traditional discounted cash flow or other methods that rely on current financial metrics. Because many companies will be pre-revenue and these methods offer a conservative valuation without considering the potential for high growth.

The biggest venue of impact was the US stock options market, where trading volumes are smashing records as investors of all stripes rush into short-dated contracts to catch up.

Sebi has invited expressions of interest (EoIs) from interested parties to replace the old system with a new version.

Edtech company upGrad has shortlisted around 20 employees in its sales division - based on their performance - for a fully sponsored seven-day trip to Dubai and Qatar, and to watch the South Korea versus Portugal football match live on December 2.

IT Ashwini Vaishnaw described the bill as being technology and sector agnostic, adding that it may become a global trendsetter.

Benchmark indices BSE Sensex and Nifty50 index settled marginally lower for the week, whereas midcap and smallcap indices dropped up to 2 per cent for the week, whereas India VIX dropped on a weekly basis.

US tech companies that were once the darlings of the global investors have lost the sheen this year. The tech-heavy index Nasdaq 100 has shredded about 28% in 2022. It is the most brutal selloff since 2008.