“Underlying the current account deficit was the widening of the merchandise trade deficit to $ 68.6 billion and an increase in net outgo of investment income payments”, said a release by the Reserve Bank of India.
F&O Talk| Nifty’s narrow range breaks on Iran-Israel tensions; 24,450–24,500 emerges as key support: Sudeep Shah
Amidst escalating geopolitical tensions, Indian markets faced a downturn, with the Nifty and Sensex both declining. Analyst Sudeep Shah suggests a cautious approach, highlighting crucial