Domestic markets reach record levels with companies like Infosys and Asian Paints announcing first quarter results. Adani Green reports a significant increase in energy sales while Angel One experiences a decline in profits. Nazara Technologies faces GST liability issues. L&T Finance and Bajaj Finance see positive financial results.
Market expects one more rate cut as inflation stays benign
Indian economists and bond market experts expect another quarter percentage point cut in policy rates. This follows the Reserve Bank of India’s recent rate reduction