Indian equity markets in a sweep spot. Inflation has shown signs of ebbing and RBI has already paused rate hikes. Capacity utilisation is ~74% fuelling private capex. Capital expenditure, both public capex (~18Y high) and private capex (~15Y high) are the biggest strength.
CAS chaos triggers liquidity spiral: Nuvama says higher participation needed to break cycle
BSE’s new Closing Auction Session has faced weak participation, with Nuvama reporting sharp declines in option premium volumes and contracts. Thin liquidity is creating a