Major central banks lifts interest rates by nearly 1,570 basis points in 2022 in a fight against inflation

The World Bank warned about the possibility of a recession in 2023 due to consistent rate hikes from the central banks. Raising rates makes borrowing more expensive to try to bring down the pace of price rises. But it also makes loans more costly, which can slow economic growth, it said.

Despite market volatility, these ten stocks returned 25-65% in the past one month

Overall, ten Nifty 500 stocks have gained between 25 and 63% in the last month. Tata Investments is the best performer, up nearly 63%, followed by Mazagon Dock Shipbuilders Ltd, Tube Investments, and Vakrangee.

Global economy is set to slow down more than anticipated, says OECD

The OECD retains India's GDP growth projection at 6.9% for FY23, but this is lower than the RBI's growth forecast of 7.2% for the same. The Indian economy expanded by 13.5% in the April-June quarter, sequentially higher than the 4.10% in the January-March period.

Liberty Shoes is near at an all-time high; Surges 34% in two days

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Liberty Shoes is just ₹2 away from it its time high of ₹304.70, set in August 2014. The stock has been increasing since the beginning of the month, rising from ₹169 to ₹285 level, generating a return of almost 69 percent.

Cartrade Tech: Investors lose 60% of their wealth in this newly listed IPO

Cartrade Tech made a weak debut as it listed with a 1.11% discount to the issue price of ₹1,618, and within a month after its listing, the stock dropped to ₹1,141.45. By the end of December 2021, the stock plummeted to ₹850 levels, which is 47% lower than its issue price.

Bandhan Bank: ICICI Securities sees over 60% upside despite the stock trading at a 7-month low; Here's why

According to the ICICI securities, Bandhan Bank's net interest income will rise from ₹8,700 crore in FY22 to ₹10,500 crore in FY23 and to ₹12,300 crore in FY24. The bank's net profit is also expected to increase from ₹100 crore in FY22 to ₹4,500 crore in FY23.

FPIs sell ₹12,582 crore worth of shares in 5 trading sessions, DIIs turn cautious with their buying

After FPIs made a u-turn in July by investing nearly ₹5,000 crore, the Nifty rallied 8.60% and the Sensex gained 8.56%. In addition to that, the Indian markets outperformed most global peers in the same month.

Rupee's hitting record lows; Key reasons explained

On Tuesday the Indian Rupee fell to a record low of 81.77 against the dollar, and it settled above the 81 mark for the fourth time in a row. So far this year, the Indian currency has lost 10% of its value against the US dollar.

What caused the liquidity decline in India's banking system?

On May 04, the RBI raised its key lending rate by 40 basis points to 4.40 percent with immediate effect. The central bank also raised the cash reserve ratio by 50 basis points. This was the first rate hike in policy rates since August 2018.

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