The economic uncertainty created by successive Covid-19 waves is not over yet, sources said, adding that the oil ministry also feels that unseen control on retail prices may hit divestment prospects.
Foreign investors have resumed selling Indian equities in September, with FPI outflows crossing Rs 23,000 crore through September 19. Higher crude prices, elevated US bond
Indian equities extended their recovery, with Nifty gaining 0.33% as moderation in crude and global yields supported sentiment. Sensex slipped 0.03%, while broader markets outperformed.
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