Moody’s Ratings has stated that despite India’s efforts to maintain fiscal discipline and reduce the fiscal deficit, these measures are not sufficient for an immediate sovereign rating upgrade. The debt burden and high interest payments remain substantial challenges.
Abhay Agarwal sees market bottoming out as aggressive FPI selling slows
Market volatility is due to low trading volumes, with potential bottoming out expected by April. Positive shifts in domestic consumption and FPI flow reversals suggest