Seven stocks, including Aarti Industries and Adani Enterprises, faced trading restrictions on Monday as their open interest exceeded market limits. Despite a previous day decline, Indian equity markets rebounded strongly on Friday, driven by gains in IT and banking sectors, with Reliance Industries playing a significant role.
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