The latest half-yearly report on foreign exchange management showed that as at end-March 2023, of the total foreign currency assets of $509.69 billion, $411.65 billion was invested in securities.
Investors are closely watching sectors like banking, manufacturing, auto distribution, and aviation after a recent rate cut. Analysts see temporary margin pressure for banks and
Market expert Nischal Maheshwari advises investors to focus on fundamentals amidst market volatility. He notes large-cap growth remains single-digit, banks are poised for margin improvement,
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