Stocks that hit fresh record highs include names like RIL, which rose more than 2%. Bharti Airtel pared its gains after reaching record highs, while Bombay Burmah Trading Corp surged more than 7% on Friday.
RBI’s next interest rate cut action likely in December
Reserve Bank of India may keep interest rates steady in August. However, further reduction is expected later this year. This follows a larger-than-expected cut aimed