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<h2>Top News</h2>1. SEBI in a circular standardizes the nomination process for mutual fund holders to either provide nomination or opt out of nomination for units bought post 1 Aug 2022. The deadline to file nominations or opt out is 31 March 2023.

2. Consumer Price Index (CPI) Inflation rate eased to 7.04% in May 2022, down from 7.79% from the previous month while Wholesale Price Inflation (WPI) rose to 15.9%, up from 15.1% in the previous month.

3. India's industrial growth hit an 8-month high of 7.1% in April from 4.9% in March 2022.

4. RBI lifted the business restrictions imposed on Mastercard Asia. The global payment processor can now on-board new domestic customers with immediate effect.

Kuvera is a free direct mutual fund investing platform. Unless otherwise stated data sourced from BSE, NSE and kuvera.in.

Weekend Wrap: Top news and market movers this week: 17 June 2022

<ul><li>From top newsmakers to market performance, here's the market wrap for the week ended 17 June 2022.</li></ul>

Oil slumps 6% to four-week low on recession worries, strong dollar

In Prevalence of Selling, This Is a Market Rout Without Equal

Global stocks in biggest weekly loss since 2020 on interest-rate worries

Crypto's Excruciating Week Has Traders Bracing for Next Crisis 

Sector rotation to continue in 2022; avoid firms with higher borrowing costs, says Mohit Batra of MarketsMojo

Market Wrap: Sensex, Nifty now up to 18% off their record highs; investors lose ₹15 lakh crore in a week

Spend time in market rather than trying to time it, advises Shridatta Bhandwaldar of Canara Robeco MF

Planning to take a plunge in stock market? Learn the key things to know first

This IT major stock hits 52-week low; slips 45% from 52-week highs

Sensex rises almost 1300 points this week despite headwinds; what is underpinning market sentiment?

<ul><li>The fall in crude oil and other commodity prices seems to have boosted the mood of the market. Besides, RBI's efforts to arrest the fall of the rupee and improvement in macroeconomic indicators are also supporting the market.</li></ul>

Bitcoin holds steady over $20,000; Ethereum and other altcoins in green

The world's largest cryptocurrency, was up on the day slightly 1.21 percent, trading at $20,400 while Ether rose 3.17 percent to 1,174 over the previous day.

Valuations of Asian stocks hit lowest since March 2020

The MSCI Asia-Pacific index's forward 12-month price-to-earnings ratio (P/E) stood at 12.1 at the end of last month, which was the region's cheapest valuation since March 2020, Refinitiv data showed.

TCS Q1 Results: Analysts expect mixed numbers; impact of macro headwinds key

<ul><li>Owing to a sharp rise in inflation and rate hikes, the risk of a recession has increased and most brokerage firms and analysts believe IT companies may see their demand scenario shrinking.</li></ul>

New Investor? Learn what are flag chart patterns and how to trade with them

A popular technical analysis tool, flag patterns are formed by price action contained within a narrow rectangle-shaped or a flag-shaped channel. To learn more about it, keep reading.