“Trading turnover on NSE IX has been growing exponentially since commencement of a full-scale operation of Gift Nifty on July 3, 2023,” the index manager said.
Will RBI announce steep rate hikes? Nomura sees up to 50 bps increase by Dec, dismisses 125 bps hike fears
Nomura expects the RBI to pursue a limited tightening cycle, with a possible 50 bps rate hike by December, as food and energy pressures rise