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"In the near-term markets can and will gyrate based on news and flows but sooner than later they come back to fundamentals, i.e., corporate earnings growth and relative valuations compared to other asset classes. Leaving near-term aside, I would argue that Indian equities is well-poised from a long-term perspective given the resilience of the economy led by demographics and underlying reforms being carried out leading to improved earnings growth."

“Don’t stop your SIPs. Just sit it out. There is no need to rush in because if I am correct in terms of talking about deflation or the Fed stopping interest rate hikes by October, then the risk-on trade comes and that is where FIIs would come back to India towards the back end of the year.”

“Right now, we are just seeing damage across the board and I would love to call it an opportunity but looking at the way the stocks are going right now, I think there are going to be more opportunities ahead. We are focussing on largecaps but as things get more attractive and we get visibility, then we will add more midcaps.”

Relaxo Footwears Ltd., incorporated in the year 1984, is a Mid Cap company (having a market cap of Rs 24276.51 Crore) operating in Leather sector.

Seeking the tribunal’s approval for the merger – M&M explained that the value chain required for end-to-end EV (Electric Vehicles) development, manufacturing and sales is currently spread between M&M and MEML and it needs to be consolidated.

A steepening curve typically signals expectations for stronger economic activity, higher inflation, and higher interest rates. A flattening curve can mean investors expect near-term rate hikes and are pessimistic about economic growth.

Hardening global crude prices together with rupee depreciation suggest retail inflation is likely to remain elevated. The base effect also contributed to the May number.

This is the first time that Sequoia has demarcated allocations separately for India and Southeast Asia (SEA), a geography where it has been active over the past five-six years with bets like GoTo (the combined entity of GoJek and Tokopedia), One Championship and Zilingo.

"The breach of 16,000 has opened up the likelihood of the Nifty going to 15,500 and even 15,200," said Rajesh Palviya, head, technicals and derivatives, Axis Securities. "It will continue to be a sell-on-rise market with the new resistance being 16,000." The Nifty has fallen almost 9.2% so far in 2022 and is down 14.6% from its all-time high in October 2021.

"The U.S. will see rate rises faster and higher than Wall Street has been expecting," James Rosenberg, Ord Minnett advisor in Sydney told Reuters. "There will likely be the double impact of earnings forecasts being trimmed and further price to earnings derating."