The prevailing positive global sentiment is set to drive equities further up in the coming week, but some analysts recommend adopting a cautious approach. “With benchmark indices touching 52 week highs and the Nifty Bank index touching new all time highs, we remain cautiously optimistic, advising investors to be agile and aware of the recent and upcoming macroeconomic events in order to make dynamic decision-making both ways,” said Anmol Das, HoR, Teji Mandi.
Sebi to review FPI rules, align with global norms
The Securities and Exchange Board of India is set to release a consultation paper aimed at refining compliance requirements for foreign portfolio investors. Chairman Tuhin