The market was also cautious in the run-up to the December US consumer inflation data scheduled on January 11, after the country’s jobs data for the month turned out to be stronger than expected. These economic readings could be some of the key factors determining the US Federal Reserve’s upcoming monetary policy actions.
BSE shares fall 3% as rival NSE gets closer to mega IPO. More pain ahead?
BSE shares fell on Friday after rival NSE announced its Rs 22,662-crore IPO, with the issue set to open on September 17. Bernstein has an