​​ICICI Bank to deliver strong compounding returns with valuations set to re-rate higher as the bank has cemented its stalwart position with highly efficient significant liability franchise, strong capital ratios, and steady asset quality.

​On the downside, Nifty has immediate support at 17,950; breaking below will see a test of the recent low of 17,774 which will act as support. India’s VIX has come down to 14.87. VIX below 15 levels will support the market, and any rise will keep the markets under pressure.

This will be a first for many investors who joined the rush into equities in recent years and for whom 'buy-on-dips' was a sure shot strategy to make money in the market.

But 2023 is shaping up to be a better year, market pundits say, now that authorities have put economic revival back as a top priority, ramped up efforts to salvage an ailing property sector and signaled more support for private enterprise. It won't be a smooth ride though, given the challenges from a messy Covid-Zero exit to lingering US-China tensions and a looming global recession.

The expectation of a positive start for equities is also backed by the historical performance of the benchmark Sensex on the first trading day of a year in the last 22 years.

Musk lost $140 billion in 2022 due to the collapse of Tesla's share price, leaving his total net worth at $130 billion, according to Bloomberg's index of the world's richest people.

The Tesla CEO has seen his wealth tumble in recent weeks after shares of the electric car maker tumbled.

Indian benchmark indices closed on a bearish note on the last trading day of 2022 owing to weak global cues, fag-end selling in select banking, IT and capital goods shares. BSE Sensex dropped 293 points to close at 60,840 on Friday, while broader NSE Nifty settled 86 points lower at 18,105.30. The broader markets ended on a positive note.The key indices, however, posted annual gains of over 4% in 2022 to emerge as the world's best-performing large market indices.The BSE barometer closed 2022 with an annual gain of 2,586.92 points while the Nifty ended the year higher by 751.25 points.“Following Thursday’s rally, Nifty failed to provide positive follow-up action. Overall, Nifty rallied 1.7% this week. However, it remained beneath the peak of the prior week. Sustenance above 18,200 is essential to revisit levels of 18,400 on the upside, while on the flip side, levels of 17,900-17,800 are likely to act as immediate support. Stock-specific rally within the financial space is possible. Also, selected chemical and fertilizers stocks rebounded off the key support zone,” said Amit Trivedi, CMT, Technical Analyst - Institutional Equities, Yes Securities.Here are 4 stock recommendations for Monday

However, in recent times, investors’ appetites have been shifting to index-based strategies with the increasing availability of independent, transparent, and rules-based global, regional, and local indices, and market benchmarks in the country and more broadly, the Asia-Pacific region.

An elevated fiscal deficit with persistent 5-6% inflation will keep borrowing costs high. Given sticky core inflation, the RBI’s monetary policy committee, which will meet after the budget on Feb 06-08 is likely to raise policy rates by another 25 bps to 6.5%. Hence, 10-year G-Sec could remain close to 7.25% for most of the year.

With consistent uptick in SIP inflows and increase in mutual fund folios, 2022 has been a bright year for mutual funds. Despite volatility across equity markets worldwide, mutual funds continued to provide promising returns. While large cap mutual funds were the top performer in the last 1 year with returns of 3.15%, small caps and flexicap funds were the worst performers. In this scenario, the big question is: How will mutual funds perform in 2023? Which categories of funds should you bet on in the year ahead? To answer all these questions, on the ET Money Show, we brought on board Swarup Mohanty, CEO, Mirae Asset Global Investments India.

While the nifty has recovered from the drubbing it had seen in the first half of 2022. Both the small indices and small stocks as set are lagging behind. Probably 2022 would go down as one of the most painful years for small cap stocks. The weakness which small caps were witnessing from the last quarter of 2021, continued in 2022 and got accentuated when the Russia and Ukraine war started and for all practical purposes the small caps stocks are still reeling under pressure. Will 2023 be different, or would it follow the same pattern?

From the rollover perspective, Nifty futures open interest has declined marginally compared to the last series, and it was the lowest OI seen at inception since the July series as short positions were covered in recent declines. At the same time, the premium in Nifty

In 2023, focus on your savings to get ahead with finances. Try to save 10% of our take-home income and 20% if you can. Lock three to six times your monthly income in an FD for emergencies. Make a budget and use recurring deposits (RD) to ensure compulsory savings. Keep track of your income and expenses.

A high return on equity is a result of two factors. First, the basic nature of the business, there are some businesses that require a constant dose of capital, and there are some which may require a higher amount of capital but that would be a one time requirement. Second, how efficiently the management uses those resources. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy".

"Despite correction in the markets, increasing concerns over re-emergence of Covid in some parts of the world and recession worries in the US. FPIs remained net buyers in the Indian equity markets (in December)," Himanshu Srivastava, Associate Director - Manager Research, Morningstar India, said.

“Epidemic preventions and controls are entering a new phase...Everyone is working resolutely, and the light of hope is right in front of us,” China President Xi Jinping reportedly said.

Tata Consultancy Services' (TCS) mcap went higher by Rs 11,690.67 crore to Rs 11,92,576.32 crore and that of ICICI Bank gained Rs 8,221.94 crore to Rs 6,21,588.34 crore.

“Epidemic preventions and controls are entering a new phase...Everyone is working resolutely, and the light of hope is right in front of us,” China President Xi Jinping reportedly said.

Will India's outperformance continue in 2023? Sanjiv Bhasin of IIFL Securities Ltd Markets, Siddhartha Bhaiya of Aequitas Investments and Jigar Mistry of Buoyant Capital reveal their top stock picks for the new year. The market experts share where they are betting their money on, and share how to identify outperforms in 2023. (ET Now)

One of the most prominent trends during 2022 was the jump in retail investors. This spike in number was also due to the spawn of online trading platforms which may be apps in many cases that seem to stick to investors' imagination.

The geopolitical tensions between Russia and Ukraine had a cascading effect on other world economies as commodity prices skyrocketed, inflation hit multi-decades high in the US and Europe and forced central banks to hike interest rates like never before.

Poonawalla Fincorp Ltd, Arvind Smartspaces, Suryoday Small Finance Bank, Sharda Cropchem, and Titagarh Wagons, and South Indian Bank, among others.

Meanwhile, a two-decade-high US dollar and concerns over the economic downturn in China, the largest commodity consumer, eased most of such gains in the second half of the year.

There are some sectors which have strong positive co-relationship with festive and holiday season spending by consumers. Quick restaurant space( QSR ) companies is one such sector. There are two busy seasons for this sector. First is the holiday season in the middle of the year, second one comes in the third quarter of the calendar year. Will the holiday season and increased discretionary spending help the stocks gain attention once again.

Ahead of the beginning of 2023, domestic brokerage ICICI Direct said we believe in domestic-oriented sectors like banks, capital goods, infrastructure, and logistics, which will continue to be the beneficiaries of massive capex spending by the government/private sector and recovery in margins/profitability.The brokerage firm believes domestic sectors like retail, real estate, and auto ancillaries (domestic focused) will also provide good opportunities for the medium to long term.

Even as the broader market indices witness volatile movement, there are some pockets where stocks have seen an improvement in their analyst scores. The selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.

Correction, volatility, recovery, these are a couple of words which dominated Dalal street in 2022. What words will dominate 2023; bull run, bearish phase, underperformance or nifty makes new high. Whatever might be the other words, one word is sure to dominate “large cap stocks” and there are reasons for it. There is enough evidence to prove that having large cap stocks in one's portfolio is a better option when markets are trading at rich valuations.

Inflation is a part and parcel of life pinching us every few years. 2022 proved that classic inflation hedges don’t always work. Despite high inflation, we witnessed flat prices in gold. Our portfolio needs to be well-diversified across asset classes with well-balanced investing among sectors.

Equity markets often witness high volatility and put investors' money at risk. Those averse to risk and volatility often invest in Small Savings Schemes, which are savings instruments managed by the central government. They are popular as they not only provide returns that are generally higher than bank fixed deposits but also come with a sovereign guarantee and tax benefits. And as the year 2022 draws to a close, it is time that we review how various small saving schemes have performed this year and what we can expect going ahead.

Optimists may point out that the rate-hiking peak is on the horizon, possibly in March, with money markets expecting the Fed to switch into rate-cutting mode by the end of 2023. A Bloomberg News survey found 71% of top global investors expect equities to rise in 2023.

“There were a lot of opportunities for volatility traders on both sides,” said Chris Murphy, co-head of derivatives strategy at Susquehanna International Group.

Mangesh Ghogre joined Nomura to head the equity capital markets business in June 2016. Under his leadership, Nomura has emerged as a top IPO player having completed 27 IPOs. Few of the marquee deals include $2.7-billion LIC IPO, $1.4 bn SBI Card IPO, $750 million Sona Comstar IPO, $1.5 bn HDFC Life IPO, $1 bn Bajaj Finance QIP, $750 million SBI Life OFS, $500 million Blackstone block deal in Sona Comstar.

“2022 was the year the tide went out and we got to see who was swimming naked,” said Andrew Adams at Saut Strategy. “It’s the first year in a while that required doing something other than just buying the dips and holding to make money.”

Every year brings with it new opportunities and the same can be said of the coming one. However, it is up to you, the investor, to read the cues carefully and make decisions which have higher chances of providing better risk-adjusted returns in the long run.

Economists in a Reuters poll had expected the PMI to come in at 48.0. The 50-point mark separates contraction from growth on a monthly basis.

But while bonds rebounded in October and November, prices have retreated over the last few weeks, as investors digested stronger-than-expected U.S. economic data and as China reopened from COVID-19 restrictions, which some believe could add to price pressures in the new year.

The party spoiler for equities was yet again COVID. The staggering increase in the number of cases and deaths in China resurfaced concerns over its spread to the neighbouring countries and the subsequent impact on mobility and business activities.

Inflation, and the Fed's degree of aggressiveness in trying to contain it, will likely remain a critical factor driving equity performance as 2023 gets under way.

USA-FED/Fed reverse repo facility hits record $2.554 trillion

Shares of public sector companies—mainly banks—were the stars on Dalal Street after a hiatus, while IT stocks—last year’s outperformers—were laggards.

Wall Street's three main indexes booked their first yearly drop since 2018 as an era of loose monetary policy ended with the Federal Reserve's fastest pace of rate hikes since the 1980s.

IDFC First Bank had sanctioned a term loan of ₹48 crore in favour of Marvel Realtors & Developers at an interest rate of 17.5% per annum in July 2017. As per the loan agreement, the debt was scheduled to be repaid in 48 monthly instalments and the principal amount was to be repaid in 10 instalments.

L&T Finance does not disclose its gross or net non-performing assets to investors in its quarterly results. Its gross stage three (GS3) loans stood at ₹3,591 crore, or 4.02% of total loans, as of end September 2022, the company's presentation to analysts showed.

Adani Enterprises-owned RRPR Holding, which acquired the stake, will own a 56.45% equity stake in NDTV from 29.18% earlier. An indirect subsidiary of Adani Enterprises, Vishvapradhan Commercial, holds an additional 8.27% equity stake in NDTV. Adani Enterprises' cumulative shareholding will touch 64.72%.

From rushing to hold on to the critical talent and devising ways to stem attrition in 2022, companies will focus on growing and building the talent pool in 2023 as they prepare for potential economic uncertainty and volatility, according to the findings of an ET-Aon survey on corporate India's people priorities and challenges for 2023.

Data collected until Friday showed December retailing of passenger vehicles could touch the 400,000 mark in the world's fourth-largest automotive market, where customers typically need inducements to buy cars in the last month of the calendar year.

The resolution professional informed lenders Friday that voting on the three plans would close on January 7. The voting deadline has been extended amid a legal battle among creditors over the distribution of proceeds.

Equities are one of the best ways to let your money make money for you. However, this comes with a massive rider: Your investments are subject to market risks and volatility. Meaning that movements in the market ultimately decide the fate of your investments. But is there a way you can risk-proof your investments? If yes, how should an investor go about creating a volatility proof portfolio? To answer all these questions and your queries related to your mutual fund portfolio, on the ET Money Show, we brought on board Feroze Azeez, Deputy CEO, Anand Rathi private wealth management. Listen in.