3 top stock picks from Rajesh Palviya for next week

We believe that once Nifty spot crosses 22,500 and if Bank Nifty manages to cross above 48,200 marks, then there could be another round of short-covering we can witness in Bank Nifty and then rally can extend to 48,700 also for Bank Nifty and then we can see some participation from the PSU bank also.

Sebi plans to allow local MFs to invest in overseas funds

Currently, there is ambiguity regarding rules on investments in such overseas funds. This deters mutual funds from investing in those overseas mutual funds and index funds that invest in a basket of countries, including India.

Can a collaborative approach break the credit rating impasse?

The GSDR report sheds light on ongoing discussions with Credit Rating Agencies (CRAs) regarding their approach to various debt restructuring options. It underscores the need to find ways to better integrate CRAs into the debt relief process paving the way for sustainable solutions for LMICs.