“ Elevated food and oil price risks amid still-resilient growth suggest policy easing will be delayed. We are pushing out the first rate cut from February to April, while retaining our forecast for 100bp of cuts in 2024” said a note by Nomura Research. “ Supply-side inflation shocks on food and oil are the key risks to our baseline”.
Concurrent Gainers: 7 stocks that gained for 5 days in a row
In the five trading sessions prior to March 7, the Sensex rose by around 1.5%, or 1,134 points, closing at 74,333. The market ended on
March 8, 2025