RBI Deputy Governor Rabi Sankar expressed confidence in India’s ability to navigate potential market volatility stemming from the Trump presidency. Sankar highlighted India’s robust reserves and sound banking system as key strengths. Additionally, he firmly rejected the European Securities and Markets Authority’s demand for oversight of India’s bond clearing platform, citing sovereignty concerns.
82% equity mutual funds outperform their benchmarks in October
Despite Sensex and Nifty experiencing a 6% decline in October, 82% of equity mutual funds demonstrated resilience by outperforming their benchmarks. This impressive performance was
November 8, 2024