Let us get into some data-crunching now. There have been only five instances since 2005 where the Nifty Smallcap100 has given negative returns. However, in the following year, the index yielded a return of above 20% barring a single instance in 2019.

Equity inflows totalled $18 billion and bond funds saw $2.3 billion of inflows while investors sold $0.2 billion of gold and shed cash at the highest rate in three months, selling $31.1 billion.

Following US Federal Reserve's 50 bps interest rate hikes to combat inflation on December 14, other global central banks also raised their interest rates. On Thursday, central banks in Europe and Asia tightened rates, sending equity markets globally into a tailspin.

Incorporated in 1969, Elin Electronics is an electronics manufacturing services provider. It is a manufacturer of end-to-end product solutions for major brands of fractional horsepower motors, lighting, fans, and kitchen appliances in India.

However, as trading API solutions have grown in popularity, limitless opportunities now exist for retail investors as well. Today, investors are becoming more aware due to the abundance of knowledge available on the internet and have readily available access to the trading APIs provided by stockbrokers.

After a month of drawing down positions, investors poured $25 billion in stocks in the week through Wednesday only to see the S&P 500 plummet as the Federal Reserve and other central banks stuck with hawkish stances that threaten to spur a recession.

PSU banks stole the show, extending their gains. UCO Bank surged over 54%, whereas Indian Overseas Bank gained 30%. Meanwhile, Punjab & Sind Bank gained 20%, and Bank Of Maharashtra and Central Bank of India added 13% each.

Meanwhile investors sold $0.2 billion of gold and shed cash at the highest rate in three months, selling $31.1 billion.

Penny stocks have no defined theoretical definition. However, stocks in single digits or below Rs 10 are bracketed in this club. In this study, companies with a market cap of less than Rs 1,000 crore at the end of 2021 have been considered.

Penny stocks have no defined theoretical definition. However, stocks in single digits or below Rs 10 are bracketed in this club. In this study, companies with a market cap of less than Rs 1,000 crore at the end of 2021 have been considered.

Universities Superannuation Scheme, the trustee company of UK's largest private pension scheme by assets, Aditya Birla Sun Life MF, Plutus Wealth Management, and Indus Capital were among the buyers, deal data showed.

However, money managers are not very confident in betting on the smaller and mid-sized state-owned banks eventhough many of them have undertaken a major clean-up of their balance sheets and have seen a sharp expansion in their price-to-book values.

Economists at JPMorgan, for example, estimate core PCE prices probably rose about 0.1% in November, based on the CPI report and another Labor Department report on producer prices.

Mester has been a voting member of the rate setting Federal Open Market Committee this year but will not hold that role next year. On Wednesday, the FOMC raised its target rate by half a percentage point as it continues to work toward lowering the highest levels of inflation seen in decades.

Signs of pessimism over the economy have crept into asset prices in recent weeks, as investors grow increasingly worried that the Federal Reserve's most aggressive monetary policy tightening in 40 years - aimed at reducing inflation - will also hamstring growth

The sectoral gross NPA ratio was around 10% while the PAR 30+ ratio was 17.1% as of September 30, 2021. That time, the Reserve Bank of India had allowed lenders to restructure microfinance loans helping them to keep their NPA ratio lower.

"Indian markets will continue to dance to global cues and the next two-three months will remain volatile," said Mayuresh Joshi, head equity research, William O'Neil India. "The hawkish tone of global central banks indicates that they have been behind the curve in fighting inflation."

New York Fed President John Williams said on Friday it remains possible the U.S. central bank will raise rates more than it expects next year

While tagging an investment approach to a particular strategy, the portfolio manager should select one benchmark from those prescribed for that strategy to enable the investor to evaluate relative performance of the portfolio managers, Sebi said.

At 10:10 a.m. ET, the Dow Jones Industrial Average was down 343.24 points at 32,858.98

Under the framework, scenarios which may potentially prevent a clearing corporation from being able to provide its critical services and may lead to winding down of its critical operations and services have been identified.

But when it comes to some Wall Street forecasts that argue the Fed may need to go as high as 6% or 7% on the federal funds rate target, Williams said "that's definitely not my baseline."

He had availed loan to exercise warrants and enable maintaining the total promoter's stake at a minimum of 26 per cent during the first 5 years of operations that ended in January 2022 as per the RBI regulations, it said.

The Dow Jones Industrial Average fell 35.76 points, or 0.11%, at the open to 33,166.46

Benchmark index Sensex fell about 460 points to close at 61,337 on Friday. Despite this free fall in the markets, seven stocks from the BSE 500 index managed to record their 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.

The Supreme Court on Wednesday directed the Delhi High Court to proceed with the execution of the Rs 4,600 crore arbitration award granted in favour of DAMEPL, which had pulled out from running the Airport Express metro line over safety issues and take it to a logical end within three months.

Global markets extended their rout as the European Central Bank (ECB) and Bank of England (BoE) followed the Fed in raising policy rates by half a per cent while maintaining a hawkish tone on inflation. The aggressiveness of central banks in combating inflation has raised concerns about the global economy's health," said Vinod Nair, Head of Research at Geojit Financial Services.

In accordance with the draft offer letter, the company would buy back or repurchase up to 2,28,57,142 equity shares at a price of Rs 350 apiece. The buyback price is at a premium of 24% as against the company’s share price on the day prior to the announcement.

Mutual funds as an instrument offer small investors a lucrative opportunity to put money into professionally managed funds, and diversified portfolios of equities, bonds, and other securities, which otherwise would be quite difficult especially with a small amount of individual capital.Similarly, it's good to see the stock movement in equities and keep an eye on mutual funds' performance. This works as a trend indicator, showing the type of funds that are performing well. It is, however, not necessary that good-performing funds will always give good returns.In today's MF analysis, we will find the top-performing equity mutual funds of 2022 along with their top holding stocks (Data Source: ACE MF). Data shows that 4 out of 5 top MFs have SBI in their portfolios. Here’s an analysis of MFs’ portfolios.

The policymakers also downgraded their outlook for economic growth in 2023 from the 1.2 per cent they had forecast in September to a puny 0.5 per cent - as near to a recession forecast as they were likely to make. What's more, they raised their expectation for the unemployment rate next year to 4.6 per cent from 3.7 per cent now.

Sebi on Friday came out with guidelines for portfolio managers pertaining to performance benchmarking, asking them to adopt an additional layer of broadly defined investment "strategies" while managing the clients' funds.

Riding on weak global sentiments sparked by successive rate hikes and hawkish tone of global central banks, Indian indices continued to trade with cuts on the second straight day. Nifty settled at 18,269, dropping 0.8%, while Sensex ended at 61,337, shedding 461 points. All the indices ended in the red, Nifty PSU Bank index being the worst performer.Listed below are the stocks that attracted investors’ attention on Friday:

“The board of directors duly constituted a committee to be called “Bonus Allotment Committee” consisting of Mr. Nelson Fernandes, Managing Director and Mr. Ivor Desouza, Director of the Company, for the purpose of overseeing the conduct of the postal ballot process and other connected matters till the completion of the bonus issue process,” added the filing.

Chart readers said lower top formation on the daily scale and double top reversal formation on intraday charts, indicating further downside from the current levels.

In the Sensex pack, M&M, Asian Paints, Dr Reddy’s Lab and TCS were the top laggards, falling over 2%

Closing Bell: Sensex slumps for 2nd straight day, ends 461 points lower; Nifty below 18,300; Yes Bank drops 6%, UBI 5%

Differential spreads stable between private and PSU banks. Private banks have traditionally commanded a greater share of higher yielding assets v/s their PSU counterparts due to their dominance in unsecured loans.

U.S. stock indexes closed sharply lower, with each of the major averages suffering their biggest one-day percentage drop in weeks, as fears intensified that the Federal Reserve's aggressive rate hikes to battle inflation could lead to a recession.

Besides, some more domestic institutional investors like Mirae Asset Mutual Fund, ITI Mutual Fund, Fidelity Funds India, Kotak India Mid Cap Fund, PI Opportunities Fund, Bajaj Allianz Life Insurance Company, etc. have also bought fresh stakes in the FMCG firm.

Bank Nifty weekly option chain shows the highest PE writers active on 43000PE and then, 43500PE over 10 lakh OI shares each. CE maximum exposure lies on 44000CE with over 20 lakh OI shares, fresh additions of calls across 44000/44500CE and 46000CE levels show some stiffness in the index.

The company's members approved a bonus issue in the ratio of 1:1, i.e. one new bonus equity share for every one existing fully paid-up equity share, as well as the division of the company's one equity share of Rs 10 each into two equity shares of Rs 5 each.

Money managers do expect the banking pack to remain on the top of the betting list in 2023 as a recovery in the domestic economy will see the sector leading earnings growth for India Inc.

On Friday, telecom and retail stocks led the losses among the major sectors on the STOXX 600. Shares of economically sensitive banks, which have been pummelled in the past week, rose 0.1%.

The Nifty Media index has given a negative return this year, down about 4.5%, while the benchmark index, Nifty50, rose about 6 percent during the same period. In the last five calendar years, Nifty Media ended in red four times. The only year it ended positively was 2021, when it gained about 35 percent but also outperformed Nifty50, which also saw a surge of about 24 percent. In 2022, 6 out of 10 Nifty Media stocks have given negative returns to their investors (Data Source: ACE Equity). Take a look:

Ahead of the year 2023, many brokerages, both domestic and global firms have initiated coverage on a number of stocks. The majority of these counters either made their debuts on Dalal Street recently or have been in buzz on the back of news flows. Barring a few, the majority of brokerages are positive on these counters. Here's what brokerage firms said in their reports on the new counters:

An aggressive liquidity tightening by the US Fed saw the rupee crossing the 82 per dollar mark. The weakness is expected to continue, with the rising deficit and capital outflows. We saw a 33% growth in imports, while the exports showed a lacklustre 12% growth this year,” he added.

After tanking 879 points on Thursday, Sensex lost another 400 points on Friday morning and is set to end the week on a negative note. The impact, however, has been more stern in global markets with S&P 500 falling 2.5% overnight. Stock markets in both Japan and Taiwan were trading over 1% lower today.

Differential spreads stable between private and PSU banks. Private banks have traditionally commanded a greater share of higher yielding assets v/s their PSU counterparts due to their dominance in unsecured loans.

Some $321 billion worth of U.S. and European speculative-grade debt is due for refinancing over the next 12-14 months. Defaults may double in 2023, if interest rates and corporate borrowing costs rise further, S&P Global Ratings reckons.