The RBI’s announcement on consumer loans weighed on financials and the weakness could continue in the coming week as well. The crucial support for the index on the downside is placed at 43,300 level while a breach of the same could push the index towards 42000, suggested experts.
Retail investors shift focus to high-yield corporate bonds for better returns
Mumbai’s retail investors seek higher returns. They are investing in high-yield corporate bonds. RBI’s rate cuts push them towards state-guaranteed papers and NBFC bonds. Online