According to Refinitiv Lipper, U.S. equity funds saw outflows worth $34.7 billion, while bond and money market funds also faced net sales of $15.1 billion and $32.7 billion, respectively.

The Dow Jones Industrial Average fell 66.43 points, or 0.20%, at the open to 32,961.06.

Following the recent open offer by Adani Group, AMG Media Network is the single-largest shareholder in NDTV

With an historic approach of ultra-low interest rates, deflationary Japan has set the 'floor' for global rates for the past 30 years, BofA said, adding that this floor would now be higher with the planned end of the BoJ's yield-curve control in 2023.

Benchmark index Sensex closed lower by about 980 points to 59,845 on Friday. During this free fall, seven stocks from the BSE midcap index slipped to touch their new 52-week lows.The 52-week low is the lowest price a stock has traded during the last one year. Some traders and investors use this technical indicator as an important factor to analyse a stock’s current value and to predict its future price movement.

“This disclosure is being made in terms of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015,” added the filing.

Option data suggests a shift in a wider trading range between 17,500 and 18,300 zones while an immediate range between 17,600 and 18,100 zones.

Indian indices saw heavy sell-off in Friday’s session amid weak global cues as Covid concerns resurfaced even as Fed rate hike fears continued to jolt global markets. Nifty slumped to 17,800 level, while Sensex was dragged down by 981 points. Sectorally, all indices bore the brunt and ended in the red. Nifty PSU Bank, which had been shining for a while, gave up significant gains to the tune of 6%.Here are the stocks that grabbed limelight on Friday:

The study found that a much higher proportion of men (40%) as compared to women (27%) take entirely independent investment decisions (without even consulting a professional advisor). More than double the percentage of men (26%) said they consulted their fathers for making investment decisions than women (10%).

Sensex ended 981 points lower at 59,845.29, while Nifty50 ended at 17,806.80 on Friday

Closing Bell: Sensex ends in red for 4th straight session, cracks 981 points; Nifty near 17,800; IOB slides 16%, Ambuja Cements 8%

Putting Asian markets under pressure was Japan's core consumer inflation data which hit a fresh 40-year high of 3.7% in November as companies continued to pass on rising costs to households. Japan's Nikkei lost over 1% and was set for its worst week since mid-June.

METRO’s annual revenue run rate is about Rs 7,000 crore, and it is expected to add around 15% to the current B2B and grocery segment for RIL, Motilal Oswal Securities said.

Once the darling of investors, shares of IT major Wipro have cracked 47% this year, making it the worst Nifty performer in 2022. Geopolitical risks, including the Russia-Ukraine conflict, recession worries, concerns around margins after acquisitions like Capco and Rizing, and disappointing quarterly results have dampened the outlook for the stock.

"Training and manufacturing are going to play major roles in the growth story of DroneAcharya as a global brand. We are targeting not just the Indian market but also Southeast Asia, Middle East, US and Central Asia," said Prateek Srivastava, Founder & Managing Director at DroneAcharya.

The Nifty PSU Bank is the top-performing sector in 2022, the index has gained about 64 per cent, the best in the last five calendar years. Even in 2021, the index surged 44 per cent, while prior to that period (2018-2020) for three consecutive years it closed negative with a fall of over 15% in each year. In the current year rally all the stocks from the index have surged over 25 per cent and four of them have turned multibaggers. All four stocks look quite strong on SWOT analysis, take a look at key strengthening points of the stock, according to Trendlyne.com.

Once the darling of investors, shares of IT major Wipro have cracked 47% this year, making it the worst Nifty performer in 2022. Geopolitical risks, including the Russia-Ukraine conflict, recession worries, concerns around margins after acquisitions like Capco and Rizing, and disappointing quarterly results have dampened the outlook for the stock.

Nifty has declined over 3% so far in December due to several headwinds such as high inflation, rising interest rates, recession fears and rising Covid cases in China. However, historical data shows that over the past 20 years, December has delivered the highest average monthly returns compared to any other month. Here's a list of the monthly average return for the last 20 years, according to Samco Securities data

However, the index closed well above the session's lows amid some share buy back, with investors also not wanting to take extreme positions ahead of U.S. inflation data later in the day, according to market participants.

The index closed down 1% on Thursday after U.S. data showing a tight labour market and economic resilience fuelled concerns that the Federal Reserve would need to keep hiking interest rates aggressively for longer.

Policy initiatives by the government led to changes both in the actual working and perception of defence sector companies.Their order books are brimming, stocks have outperformed the broader market indices and institutional interest has been growing in these companies.

Foram Cheddha shares her views on traders' actions in a volatile market. Foram is a CMT Charter holder. Being a skilled technical analyst, her core activities and skills include conducting in-depth technical research on the active portfolios and stocks under coverage. Application of classical technical analysis principles, portfolio construction and management, Intermarket analysis, studying cross-asset relationships, and derivative analysis remains her forte.

Indian Overseas Bank was the top loser as the stock fell 10% to Rs 27.5 per share. Among other PSU bank stocks, UCO Bank fell 9.9%, Central Bank of India 9% and Bank of Maharashtra 8%. The Bank of India, Union Bank of India, Indian Bank, PNB and Punjab & Sind Bank also plunged over 5%.

The Christmas cheer that has been part of Dalal Street's history in December month for 80% of the time in the last two decades is clearly missing in 2022 with the Sensex down over 1,600 points in just 4 days. The headline index has lost around 2,900 points or 4.6% so far in the month. In early afternoon session, Sensex tumbled over 800 points or 1.3% to around 59,975, while Nifty50 was down over 250 points, below 17,900 level.

However, its revenue from operations was up 7.46% to Rs 1,327.06 crore in the second quarter of this fiscal. The same stood at Rs 1,234.85 crore a year ago. The company's total expenses were at Rs 1,528.01 crore, up 27.16% in the September quarter of FY23, as against Rs 1,201.61 crore a year ago.

FOMO (fear of missing out) was common among many new investors as they lost track of winners while trying to time the market amid the ups and downs led by fears related to Fed rate hikes, Russia-Ukraine war, inflation and recessionary projections.

Putting Asian markets under pressure was Japan's core consumer inflation data which hit a fresh 40-year high of 3.7% in November as companies continued to pass on rising costs to households. Japan's Nikkei lost over 1% and was set for its worst week since mid-June.

Ahead of listing, shares of Landmark Cars were exchanging hands at a discount of 15-20 in the grey market against the issue price.

Further, farm income is expected to grow higher on the back of a good Rabi crop season. And inflation pressures are showing signs of easing. Moreover, the persistent COVID-led restrictions in China and major slowdown in Europe has forced companies globally to look for alternate sources and this became a major boon for India.

Data analysis of the past 15 years suggests that BSE smallcap index has given negative returns in only five instances since 2007. But in the following year, the index has surged over 30%, with 2019 being an exception.

Putting Asian markets under pressure was Japan's core consumer inflation data which hit a fresh 40-year high of 3.7% in November as companies continued to pass on rising costs to households. Japan's Nikkei lost over 1% and was set for its worst week since mid-June.

Jefferies initiated a buy rating on Medanta (Global Health) with a buy rating and a target price of Rs 550. Medanta is a top-notch healthcare provider with strong brand equity, the brokerage said.

“The global market backdrop continues to be weak due to the strong economic data from the US. The paradox of good economic news turning out to be bad news for markets is playing out. Data from US on consumer confidence, jobless claims, and Q3 GDP numbers surprised on the upside, indicating continuation of the hawkish monetary stance from the Fed,” V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services said.

Droneacharya Aerial Innovations provides a high-end ecosystem of drone solutions for multi-sensor drone surveys, data processing of drone data using robust high-configuration workstations, drone pilot training & specialized GIS training.

The stock price started its fall from Rs 404 (August 2018). The stock breached Keltner channels on downside and made a low of Rs 5.55 in March 2020. The stock recovered and made a high of Rs 20.83 (December 2020). Thereafter, the stock traded in the range of (Rs 10-18) from March 2021 to November 2022.

Incorporated in 2009, Abans Holdings, the financial services arm of Abans Group, is engaged in financial services, gold refining, jewellery, commodities trading, agricultural trading and warehousing, software development and real estate.

“Consistent margin improvement and efficient capital management will help RoCE to steadily improve in the coming years for Healthcare Global Enterprises,” Kaustubh Pawaskar, DVP Fundamental Research at Sharekhan by BNP Paribas, said.

Ahead of listing, shares of Landmark Cars were exchanging hands at a discount of 15-20 in the grey market against the issue price.

Kaustubh Pawaskar, DVP Fundamental Research at Sharekhan by BNP Paribas highlights 5 factors why Healthcare Global Enterprises is a top buy in hospital space for 2023:

“The global market backdrop continues to be weak due to the strong economic data from the US. The paradox of good economic news turning out to be bad news for markets is playing out. Data from US on consumer confidence, jobless claims, and Q3 GDP numbers surprised on the upside, indicating continuation of the hawkish monetary stance from the Fed,” V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services said.

FOMO (fear of missing out) was common among many new investors as they lost track of winners while trying to time the market amid the ups and downs led by fears related to Fed rate hikes, Russia-Ukraine war, inflation and recessionary projections.

After a strong US economic data exacerbated fears that the Federal Reserve could remain hawkish for longer, the domestic equity market on Friday opened in the red. Further, market investors are on tenterhooks amid fears of a possible Covid wave. Selling was seen across all sectors except pharma and healthcare. BSE Sensex was trading 482 points or 0.79% lower at 60,343. Nifty50 was trading at 17,973, down 154 points or 0.85% at around 9.25 am.

Nifty50 breached the 18,000 mark on Friday and the next big support for the index is placed at 17,900 levels. Experts advise investors to pick quality socks on dips.

Data analysis of the past 15 years suggests that BSE smallcap index has given negative returns in only five instances since 2007. But in the following year, the index has surged over 30%, with 2019 being an exception.

The markets continued to correct itself, ending with a net loss on Thursday. Some defensive stocks like IT and Pharma are showing good relative strength, though.

ET Now spoke to various experts and here's what they have to recommend for today's trading session. Nooresh Merani has a buy/sell recommendation on Britannia and Kotak Mahindra Bank while Kunal Bothra has a buy/sell recommendation on ICICI Bank and City Union Bank for today's trading session. Check out the targets and stoploss.

Tata Motors’s daily trend is bearish; however, it is trading near the support area. Based on option chain analysis for the January series, the range is between 380 and 450. Let’s plan a trade around this for the January series.

Stocks that were in focus include names like ICICI Lombard which rose more than 1%, Jindal Stainless which closed with gains of nearly a per cent, and PNC Infratech also closed with gains of nearly 2% in a muted market with strong volumes.

Nifty futures on the Singapore Exchange traded 107 points, or 0.57 per cent lower at 18,071., signaling that Dalal Street was headed for a negative start on Friday. Here are some stocks which may buzz the most in today's trade.

The board of Ramco Systems met the previous day to consider raising of funds by way of issue of shares and/or warrants convertible into equity shares. The board decided on the issuance of warrants as well as equity shares.