India is predicted to be the fastest-growing major economy this fiscal year, driven by government spending ahead of the general election. However, economists warn that growth is still below potential and could be hindered by a weak monsoon season and sluggish private consumption and investment. The Reserve Bank of India is expected to cut rates by at least 25 basis points before July, despite concerns that inflation may be higher than anticipated.
Tech View: Nifty forms bullish Harami Cross pattern on daily chart. Here are cues for Tuesday’s trade
The Nifty index formed a bullish Harami Cross on the daily chart, signaling potential optimism. Closing above the 200-EMA, a breakout above 23,850 could drive
December 23, 2024