Reseñas

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.

The biggest advice is to avoid timing the market. Set an appropriate asset allocation and then keep investing regularly. When the markets are turbulent, people make an error by trying to time the market.

“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.”

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.

Globally, the Russia-Ukraine war, the deepening global downturn and China’s struggles with Covid-19 were the big drags in 2022, besides the US Federal Reserve’s policy tightening that led to draining of funds from emerging markets. But resilient domestic investors, who cushioned the shocks of record-high selling by overseas funds, helped Continue Reading

“The RBI has called for extensive data from ARCs on sale of retail loans; we believe a reprieve is on the way,” said the CEO of a large ARC. “Our request to the regulator is that the entire sale of retail bad loans be taken out of this background-check requirement. Continue Reading

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.

Credit to industry continued to register a strong pick-up, with total loans accelerating to 13.1%, while personal loans expanded at 19.7% in November, largely driven by housing and vehicle loans.

Heading into 2023, market participants believe the rupee would trade with an appreciation bias, finding relief from easing commodity prices and hopeful of foreign investors continuing to buy Indian equities.

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