Returns have been raised 10-25 basis points, reflecting a surge in credit demand amid early signs of revival in private capital expenditure. Financial planners believe fixed deposit investors should build a ladder allocating one third to low tenure deposits of 1-2 years and the balance to 3-5 years tenure and not wait for deposit rates to peak. One basis point is 0.01%.
GDP data, crude prices among 7 factors likely to steer D-Street this week
Indian equities are likely to take cues from a slew of domestic and global factors this week, including India’s first-quarter GDP data, US jobs numbers,