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The Fed is expected to deliver a fourth straight 75 basis point (bps) hike at the end of its policy meeting on Wednesday. The decision is due at 2:00 p.m. ET (1800 GMT), but focus will be on commentary from Fed Chair Jerome Powell later.

In the absence of claims from a majority of the bondholders of the two Sahara companies, which were asked to return the money to nearly 3 crore investors along with interest in August 2012 through a Supreme Court order, the total amount refunded by Sebi rose by just about Rs 9 crore during the last fiscal, 2021-22, while the balance in Sebi-Sahara refund accounts rose by Rs 1,515 crore during the year.

The largecap counter performed according to estimates on both revenue and margin fronts. The deal closures had been soft during the quarter, given the spillover of select deals into Q3. Nonetheless, what is important is that the outlook of $70-$100 crore net new total contract value (TCV) has been maintained.

“For the first time in six months, we have seen retail exceeding wholesale! As a result, the stock in the network in the industries came down to an estimate of 2,05,000 from 2,40,000 at the beginning of October. The same trend can be seen in Maruti as well. While the retail spending is pretty strong, I would not say it is record retail.”

The currency markets will remain shut, while the commodities segment will be closed in the morning session but will operate in the evening trade i.e. from 5-11:30 pm.​In this calendar year, there were 13 trading holidays and this would be the last holiday of 2022.

“Individual housing loan growth is 13-14%. Even earlier, we were indicating that for the whole year FY22-23, our guidance will be around 15% year on year. In the case of developer loans, we were very calculative and adopted a very cautious approach. Apart from metros, we are also focussing on tier II, tier III cities but only for the affordable segment.”

“L&T delivered a robust 2QFY23 on execution and order inflows; however, 2QFY23 infra EBITDA margins were impacted by 80 bps due to close-out challenges in a couple of projects, which are now behind us. We expect EBITDA margins to rebound from 2HFY23F as commodity prices have corrected sharply,” said Nomura in a report.

Despite the challenging environment, the company has leveraged its large-scale hospitals with world-class infrastructure, high-end medical equipment and technology to record decent operational and financial performance, said Reliance Securities.

"COMEX gold has been steady around USD 1,650 an ounce as traders focused on the US Federal Reserve meeting later tonight for clues on when the bank will start scaling back interest rate hikes," said Dilip Parmar, Research Analyst at HDFC Securities.

The company had posted a consolidated profit after tax of Rs 59.76 crore in the same period last fiscal, Mahindra Holidays & Resorts India Ltd (MHRIL) said in a regulatory filing.Consolidated revenue from operations during the quarter under review stood at Rs 598.36 crore against Rs 546.4 crore in the year-ago period, it added.