The larger expectation from the budget is obviously spending linked themes to the extent that the budget will provide some hints. The spending could be linked to infrastructure like highways which has doubled in the last three years and to rural India.
The coming year promises to be exciting for more reasons than one. Businesses will continue to expand steadily and in some cases cautiously as they feel out the consumer across different segments of the consuming class.
India’s mid-cap gains this year are propelled by gains in the broader market mid- and small-cap stocks. Stocks outside the top-100 now contribute 40 per cent to the country’s market cap, up from 35 per cent during the start of this financial year
Over the weekend, stocks fell around the world, while bonds climbed with gold on the continued concern that the Israel-Hamas war will escalate into a wider conflict in the Middle East, Bloomberg reported.
The National Stock Exchange has sought Securities and Exchange Board of India's approval to hold evening trading sessions in the equity derivatives segment. The NSE wants to extend trading hours of index futures and options to continue between 6 and 9 pm
European officials were quoted saying China shot itself in the foot by staying away from the summit, allowing India to cement its leadership of the Global South and providing the US and Europe a clear path to strengthen ties with emerging markets.
Atul Chaturvedi, executive chairman of Shree Renuka Sugars Limited and chairman of the Asian Palm Oil Alliance told The Core that India could face potential problems in sugar production this year, owing to a rainfall deficit in key areas