Discretionary, materials and industrials sectors were hit the hardest, facing weaker cash flows alongside rising capex. The slowdown in OCF is largely attributed to delayed government payments, according to analysts.
Nifty’s short-term trend remains bullish, with the index expected to approach the next resistance level at 24,400. Any pullbacks are likely to find support near
UPI transactions in December hit a record 16.73 billion, an 8% increase from November’s 15.48 billion. Transaction value rose to Rs 23.25 lakh crore, up
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