Nifty opened flat and traded within a narrow range, closing negatively at 24,205, noted Hrishikesh Yedve from Asit C. Mehta Investment Intermediates. He highlighted that the Nifty Smallcap 100 index outperformed the benchmarks, gaining around 1.15%
Economy revving but inflation gauge flashing red: RBI’s Das
RBI Governor Shaktikanta Das stated that India’s economy remains robust but warned of escalating inflation, potentially surpassing September’s 5.5%. He indicated that high inflation might