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Wall Street surged on Friday, notching its best day so far in 2022 after another zigzag session, ending a tumultuous week marked by mixed corporate earnings, geopolitical turmoil and an increasingly aggressive Federal Reserve.

“As the Indian market evolves, the volatility will go down but if we were to see a year where markets stay range-bound in a broad range of 15,000 to 18,000-19,000, it would be a reasonable thing for the markets.”

“75-80% of the market has corrected anywhere from 10% plus all the way to 40-50%. That is actually starting to present some level of value or traction in a number of stocks.”

The bank expanded loans 10% to Rs 2.29 lakh crore as it extended credit to companies and individuals with the local economy reopening shrugging off pandemic debris.

The performance for the quarter has surpassed market forecasts

Usually, we have the markets run-up ahead of the Budget on expectations. This time, things are quite the opposite. There has been a sharp corrective move ahead of the Budget

Total income rose to Rs 846.19 crore during October-December period of this fiscal year from Rs 837.57 crore in the corresponding period of the previous year, according to a regulatory filing.

The earnings season has just started, and the results are expected to be more or less in line with expectations, except for the ones where the impact of higher input costs and commodity prices have had a direct impact

Total income for the quarter under review came in at Rs 9,614.34 crore, a rise of 8 per cent YoY from Rs 8,887.28 crore

West Texas Intermediate rose 2% for the week as robust demand tightened global markets. As supply remains constrained, a chorus of Wall Street banks and oil executives are forecasting a return to $100 oil. Additionally, heightened geopolitical risks driven by fears that Russia may invade Ukraine have also contributed to crude’s climb.