We expect the NDA government to sustain focus on capex-led growth around PLI, Roads, Ports, Aviation, Defence, Railways, and Green energy, given a 20 bps lower fiscal deficit in FY24 (Than RE), normal monsoons, and Rs 2.1 lakh crore dividend from RBI.
The impact of the jobs report on U.S. rate cut prospects also raised the stakes for consumer price figures on Wednesday where any rise in
Tata Group’s non-banking arm Tata Capital ($300 million), Prem Watsa-backed IIFL Finance ($300 million) and Anil Agarwal’s Vedanta Resources ($500 million) are ready to hit
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