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Allowing FPIs in ETCDs could be seen as a major stride in the desired direction, which is likely to bump up liquidity, reduce pricing gaps, and promote efficient price discovery.It will lift market sentiments and enhance participation from producers, traders, end-consumers of various commodities for risk mitigation, and investors looking to diversify their portfolios through commodities.​

CDEL has reported a default of Rs 215.99 crore on the payment of the principal amount on loans or revolving facilities like cash credit from banks or financial institutions as on June 30, 2022.Besides, it has also defaulted in payment of interest of Rs 5.78 crore on the above, informed CDEL.

Bitcoin saw the April-June 2022 period as the worst quarter in the last one decade, thanks to deteriorating macroeconomic conditions across the globe.The report from Deutsche Bank provides an interesting perspective on the medium-term outlook for Bitcoin and suggests that cryptocurrency markets have mirrored movements of the Nasdaq 100 and S&P 500 since late 2021.

“We see multiple headwinds, including weakening India BoP dynamics, aggressive Fed hikes and rising US recession risks, which should drive INR weakness in coming months, with USD/INR at 82 by Q3 2022 and 81 by Q4 2022,” Nomura analysts said in a report.

The Dow Jones Industrial Average fell 532 points, or about 1.71%. The S&P 500 dipped 1.5%, and the tech-heavy Nasdaq Composite shed about 1.6%.

“If commodities cool off a bit, as we are seeing in the last four weeks, a lot of the earnings downgrades should see upgrades again and so we remain optimistic on that front. Yes that means sectorally, there will be downgrades in some metals or some of the other commodity led sectors but we should see upgrades in autos or industrials or certain categories of consumption and banks.”

If fuel prices were to stay or moderate from current levels, we do not estimate any significant impact on vehicle demand or on repayments or collections. However, if fuel prices were to increase by 10%-15% from current levels, we expect higher delinquencies particularly in the CV-CE segment.

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Margins remained pressured as companies deal with elevated attrition resulting in high retention costs and increase in travel and discretionary expenses. Infosys and TCS may perform well but many others face risk of growth downgrades, Kotak said.

"The addition of new customers and capabilities makes for a robust outlook for MTAR,” it said, adding that working capital improvement remains key.Differentiated engineering capabilities and lower raw material risk compared with traditional capital goods companies should help protect profitability in an inflationary environment, it further said.