With markets having recovered from or adjusted to the twin factors of middle east tensions and shifts in capital flows because of high US interest rates, small caps are back on the run.
Puja Mehra speaks to economist Suyash Rai about manufacturing incentives in India, India's Industrial policy and the implications of Apple manufacturing iPhones in India.
The stock markets started giving into selling pressure, due to the overhang of high interest rates, funds moving back to bonds and tensions in the middle east.
Macro economic trends are likely to weigh on market sentiment, including of course oil prices which are now ruling around $91 a barrel, beyond the computations of many economists.
Global investors are focussing on U.S. inflation data on Thursday while India will release its GDP data which as per a Reuters poll has moderated to 6.6% for the October to December quarter
The Reserve Bank of India's Monetary Policy Committee (RBI MPC) kept the repo rate unchanged at 6.5 per cent for the fifth time in a row on Friday. In its bi-annual policy announcement, RBI Governor Shaktikanta Das said the decision was unanimous
The markets are betting on continuity in the 2024 general elections. The belief is that competitive populism will now slow down which in turn means good news for the economy.
The BSE Sensex gained 246 points to end at 67,467 levels, while the Nifty50 ended at 20,070, up 77 points. This is the first time the Nifty is closing above 20,000, a psychological mark for many active market participants
Inflation levels have cooled off to 6.83 per cent in August on an annual basis after hitting a 15 month high of 7.44 per cent in July, data released by the Ministry of Statistics and Programme Implementation on September 12 showed