In the NSE list of stocks with a market cap of over Rs 1000 crore, eight stocks crossed their previous five-year high value at the close on May 09, suggesting bullishness in counters, according to stockedge.com’s technical scan data. Take a look.
Market expects one more rate cut as inflation stays benign
Indian economists and bond market experts expect another quarter percentage point cut in policy rates. This follows the Reserve Bank of India’s recent rate reduction