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Most companies in the high-grade market spent the past decade binging on debt and pushing ratings down to the last rung of investment-grade. Now, as an economic downturn looms, the average blue-chip company is expected to be in balance sheet repair mode, according to Bank of America strategist Yuri Seliger.

Another way to monetize NFTs is to license them for use in other projects. For example, if you have created an NFT of a piece of artwork, you could license it to be used in a video game, a movie, or a product. This can be an excellent way to generate ongoing revenue from your NFTs, as the license fee will be paid each time the NFT is used.

The new-age platform businesses could turn out to be dark horses in 2023. These stocks have corrected significantly since their IPOs, while their fundamentals have improved quarter after quarter. These businesses are taking the necessary pivots towards profitability thus increasing the possibility of an earnings surprise and outperformance with respect to the market.

Equity markets will be volatile compared to debt funds. But there is a silver lining, with the new industrialization wave in India, stable democracy, and our continued growth in consumption, we can undoubtedly surpass larger economies.

The relaxation was announced following representations and in view of hardships faced by taxpayers due to Covid-induced restrictions. "In exercise of its power under Section 119 of the Act, hereby provides that the compliances ..., may be completed on or before March 31," the CBDT notification said

Torrent and Hinduja have structured their resolution plans such that the net present value (NPV) is pegged at the respective bids they made at the December 21 auction. This is done to comply with the terms of the auction, the people said.

In March 2020, amid the pandemic and an unsettling choppiness in the stock market, the Securities & Exchange Board of India (Sebi) had taken a slew of measures to minimise volatility. One of the steps was capping the naked or unhedged exposure that offshore and local mutual funds could take on equity index derivatives.

PFC stock has seen a strong build-up of long positions in the derivative segment. Since the expiry of the December derivative series, the stock has gained 14% and hit an over-five-year high of Rs 160.80 on Friday. If the stock manages to cross Rs 170 and trades above that level, it will become eligible to enter into the MSCI index.

That was followed by a surprisingly poor services sector report from the Institute for Supply Management. The report showed the first contraction since spring of 2020, with the gauge of activity hitting 49.6 percent, and its business activity index and new orders index both plunging.

A sustained deceleration in wage growth could offer some comfort to central bank officials that a key part of the inflation puzzle is losing steam.