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Asian governments are carrying out widely diverging coronavirus policies, with strategies ranging from China’s pursuit of Covid Zero to Australia’s move to live with the virus, and almost everything in between. The speed of vaccinations and the strength of health-care systems also vary greatly in the region.

The Nasdaq and the S&P regained lost ground in afternoon trading to close higher. Meanwhile the consumer discretionary stocks put pressure on the indexes throughout the session after morning data showed a December decline in retail sales and a souring of consumer sentiment.

HDFC Bank reported a net profit of Rs 10,342.2 crore in October-December; registering an increase of 18 per cent year-on-year as a strong growth in the private lender’s net revenues boosted the bottom line.

“Once the sectoral churn gets over, the market gets back into traditional phase where the high beta stocks and high beta sectors start to get into a rally mode.”

“There is a lot of noise from the domestic industry on the ferrous pricing, but overall our companies are placed well and they should do well this year on the metal pack.”

From the available derivatives data, the level of 18,200 remains critical to watch for the coming week

Smith is famous for writing a controversial report ‘Accounting for growth’ which later became a best selling book by the same name

Following multiple failed attempts this week to rally back strongly, investors remain hesitant to plow heavily back into shares of growth stocks and there’s still no major signs that the pressure on technology companies will abate anytime soon.

A familiar tune played out in the market Friday: technology stocks staged a mini rebound and at almost exactly the same time, Bitcoin reversed course too, spotlighting the cryptocurrency’s tendency to move in lockstep with other risk assets.

Investors emboldened by a strategy that worked all of last year plowed more than $1 billion into tech in recent days, with nearly every other sector also getting deposits. JPMorgan Chase & Co. said it saw the strongest retail flows on record, with at-home traders adding $5.9 billion to equities in the week through Tuesday.