Now, as equities head toward their worst year since the 2008 financial crisis, retail traders have suffered even sharper drops and their share of US equity market volume has slipped since the start of 2021.

Since equities peaked on the final day of November, energy shares have led the retreat, a departure from all three previous selloffs of 2022 when raging inflation spurred demand for materials producers. Companies that are more sensitive to the economy, like financial firms and makers of consumer products, are among the laggards in December.

The expansion of the eligibility policy will provide students with the opportunity to use Level I of the CFA Program as a clear signal to employers that they are serious about a career in the investment profession. Many of the skills of portfolio management and financial planning, which are core competencies of the CFA Program, are transferrable to the wealth management industry, and will therefore help address industry demand for well-trained, ethical professionals.

Bond traders expect the monetary authority’s overnight rate to plateau at about 5% by mid-2023 as the central bank takes time to assess the impact of its policy changes.

Adani Enterprises has emerged as the most consistent wealth creator for the second successive time in Indian equities in the last 5 years, showed Motilal Oswal's wealth creation study. The stock has outperformed the BSE Sensex in all the last 5 years and has the highest price CAGR of 97%. Consistent wealth creators are based on the number of years the stock has outperformed in each of the last 5 years. Where the number of years is the same, the stock price CAGR decides the rank. Take a look at the most consistent wealth in the last 5 years with key indicators.

The RBI lowered its GDP forecast for FY23 to 6.8% from 7%. This still is an impressive growth rate in comparison to our global peers. The RBI is strategically using this period of good growth for hiking policy rates so that the impact on growth is less visible. Having said this, the growth in certain segments remains a cause of concern.

Equities' trajectory in the near future may depend on whether Tuesday's consumer price index report shows inflation is responding to the most aggressive Fed hiking cycle since the 1980s. Hotter-than-expected data could bolster fears of more Fed hawkishness, pressuring stocks.

Some economists do expect Powell to continue to emphasize the risks of not doing enough to fight inflation rather than about going too far, with a rise in unemployment a painful but necessary part of the process.

China publishes key economic data as Beijing loosens some of its strict COVID-19 shackles, while PMIs will provide a health check for the global economy.

Equities' trajectory in the near future may depend on whether Tuesday's consumer price index report shows inflation is responding to the most aggressive Fed hiking cycle since the 1980s. Hotter-than-expected data could bolster fears of more Fed hawkishness, pressuring stocks.

Some economists do expect Powell to continue to emphasize the risks of not doing enough to fight inflation rather than about going too far, with a rise in unemployment a painful but necessary part of the process.

China publishes key economic data as Beijing loosens some of its strict COVID-19 shackles, while PMIs will provide a health check for the global economy.

“Being physically fit is one of the key tenets to being mentally fit. I believe a regimen of regular workouts and disciplined eating had kept me going through life,” Vikaas M Sachdeva - Managing Director - Sundaram Alternates, said.

Despite a stellar run, public sector bank stocks are far from their lifetime highs. Analysts remain bullish on the entire public sector bank pack and recommend buying them given the favourable risk-reward.

The S&P 500 shed 0.7 percent, finishing at 3,934.38, while the Dow Jones Industrial Average lost 0.9 percent to end at 33,476.46. The tech-rich Nasdaq Composite Index slipped 0.7 percent as well to 11,004.62.

AIFs may accept commitments from a government or government-related investor that does not meet the signatory condition, if the investor is a resident in the country as approved by the Indian government, Sebi said.

Analysts said traders must refrain from building bullish bets on IT stocsks as the sector may continue to see more pain over the next three months to one year due to bleak revenue growth prospects that may curtail tech budgets and IT spending.

Lenders have set a reserve price of ₹400 crore, implying a recovery of 61% on principal dues. Banks led by the Bank of Baroda have invited expressions of interest by December 22, and an e-auction is scheduled on December 23, according to a notice issued by lenders to asset reconstruction companies.

The action follows a detailed corporate governance review by the company's board into allegations of lapses and misdoings during the tenure of Grover as managing director.

The Reliance Capital's Committee of Creditors (COC) met on Friday and finalised the process and rules for conducting an e-auction for the bidders.

Average assets under management (AUM) of the industry rose to ₹40.49 lakh crore from ₹39.53 lakh crore in the previous month, largely on account of mark-to-market gains due to rising equity markets.

Wall Street's main indexes have come under pressure in December after two consecutive months of gains on fears of a potential recession next year due to extended U.S. rate hikes

Experts say Dalal Street will remain attractive because the return on equity is generally higher than FDs. “The lock-in period is 5 years in respect of tax saving FDs and to avail the favorable tax break the equity needs to be held for a period greater than 12 months, which is significantly less than FDs lock in,” said Archit Gupta, Founder and CEO, ClearTax.

In the US, only 14% Indians want to invest in FDs as against 20% in the UK

The Dow Jones Industrial Average fell 34.77 points, or 0.10%, at the open to 33,746.71

Benchmark index Sensex closed lower by about 390 points at 62,181 on Friday. Despite free fall, six stocks from the BSE largecap index managed to touch new 52-week highs.The 52-week high is the highest price at which a stock has traded during the last year. Some traders and investors use this technical indicator as an important factor for analysing a stock's current value and for predicting its future price movement.

Despite a dip in the total flow into equity mutual funds, inflows into SIPs touched another record high in November. Monthly data from AMFI shows SIPs contributed Rs 13,306.49 crore in November. "SIP contribution remaining above Rs 13,000 indicates better awareness among retail investors about long-term orientation of equity investments and wealth creation opportunities from India’s growth trajectory," said Akhil Chaturvedi, Chief Business Officer, Motilal Oswal AMC.Take a look at how many SIP accounts were added in November, where the SIP AUM value stood, and how many new SIP registration happened.

Sebi, in November, had put in place operational guidelines pertaining to "scheme of arrangement" by entities who have listed their debt securities -- non-convertible debentures (NCDs) or non-convertible redeemable preference shares (NCRPS).

The weekly charts also painted a bearish tone in the near term. “The short term uptrend status of Nifty seems to have reversed down. Having moved below the crucial support of 18,550-18,500 levels, Nifty is expected to slide down to the next key lower support

After a day’s breather, benchmark indices ended in the red again on Friday. Nifty shed 113 points to end at 18,497, while Sensex plunged 389 points and settled at 62,182. Weakness was broad based, as stocks in the midcap and smallcap segments, too, saw profit booking.All the sectoral indices, barring Nifty FMCG and Nifty Pharma, ended in the red.Following are the stocks that attracted investors’ attention on Friday:

The fall in domestic equities was led by the information technology pack after a profit warning by sector major HCL Technologies soured the mood

Closing Bell: Sensex tumbles 389 points; Nifty settles below 18,500; Tech Mahindra cracks 4%, Infosys 3%

The fall in domestic equities was led by the information technology pack after a profit warning by sector major HCL Technologies soured the mood

However, the SIP book had a different story to tell. In November, the SIP inflow was at an all-time high at Rs 13,307 crore vs Rs 13,040 crore recorded in October. It was for the second straight month that the SIP flow was above Rs 13,000 crore mark.

"The big victory of incumbent BJP in Gujarat will aid in continued policy momentum and preclude the need for any populist measures in the forthcoming budget, in our view," Motilal Oswal's research analyst Gautam Duggad said.

U.S. stocks advanced overnight, with the S&P 500 snapping a five-session losing streak, as investors interpreted data showing a rise in weekly jobless claims as a sign the pace of the Federal Reserve's interest rate hikes could soon slow.

Bank Nifty option chain reflects PE writers standing tall at 43,000/43,500 strikes

Data on Thursday showing a rise in U.S. weekly jobless claims, however, has raised investor hopes that the Federal Reserve could temper its aggressive stance on interest rate hikes.

Along with the major auto companies, auto ancillary companies had been under pressure for some time. With commodity prices cooling off from their highs and increasing demand for the auto industry, select auto ancillary companies are making a comeback. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list.

However, the SIP book had a different story to tell. In November, the SIP inflow was at an all-time high at Rs 13,307 crore vs Rs 13,040 crore recorded in October. It was for the second straight month that the SIP flow was above Rs 13,000 crore mark.

These factors, coupled with macro-economic headwinds including the liquidity tightening, has left start-ups who are still burning cash at a crossroads. So, what is different about the public market investor sentiments from the private investors? Well, while public markets investors want start-ups to be more disciplined in their spend, private investors take a long-term growth perspective of business and are more patient.

The timeline of the buyback will be released later on.The stock which has a market capitalisation of Rs 2,700 crore has rallied over 32% in the last 6 months. The smallcap was trading 3% higher at Rs 183.65 after the buyback announcement.

The private lender filed the petition under Section 7 of the Insolvency and Bankruptcy Code, which allows a financial creditor to apply for initiating the process. The NCLT has issued a notice to Digital Ventures.

"With macro conditions deteriorating, positive news on this front is highly unlikely, we believe. HCL Tech also highlighted that there is greater level of vendor consolidation underway right now than in the recent past not only due to challenging macro circumstances, but also due to weeding out of a few global top 10 service providers based on risks associated with them," Nirmal Bang's Head of Research Girish Pai said.

Mukesh Ambani's Reliance Industries (RIL) has emerged as the largest wealth creator on Dalal Street in the last 5 years. With a gain of Rs 13 trillion, RIL has emerged as the largest wealth creator over 2017-22, shows Motilal Oswal's wealth creation study. Followed by TCS, Infosys, and HDFC Bank in top wealth creators list. Take a look at how much each company has created the wealth in the last 5 years with key indicators.

Expert: Nooresh Merani, an independent technical analyst told ETNow - IndusInd Bank: Buy| Target Rs 1350| Stop Loss Rs 1160

"With macro conditions deteriorating, positive news on this front is highly unlikely, we believe. HCL Tech also highlighted that there is greater level of vendor consolidation underway right now than in the recent past not only due to challenging macro circumstances, but also due to weeding out of a few global top 10 service providers based on risks associated with them," Nirmal Bang's Head of Research Girish Pai said.

Citigroup maintained its buy rating on Hindustan Unilever with a target price of Rs 3050. The company announced entry into Health and well-being which is a positive sign, the brokerage said.

As nifty continues to make new high’s, mid-caps stocks are making a comeback. Only difference is that the market is more selective in making stocks inch higher. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". This predefined screener is only available to ET Prime users.

Lupin’s daily trend is bullish, however, in the last few trading sessions, it is showing weaknesses. In the last trading session, it closed in the negative with 1.9% with an extended range candle and it might go further down. Based on option chain analysis, the range is between 700 and 800. Using the PCR ratio, it is at 0.95. Let’s plan a trade around that.