The Bloomberg dollar index, which evaluates performance of the US dollar against 10 other currencies, has risen by 13 per cent so far in 2022 to reach a 20 year high and is set for the best annual gain since 2004.
Amidst DII buying and FII outflows, mid- and small-cap corrections are driven by valuation and earnings realities, according to Harsha Upadhyaya. He advises caution in
Markets staged a strong recovery on Thursday, led by banking stocks, as the Nifty rebounded from intraday lows. Analysts noted a positive technical setup at
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