The changes would make Nifty’s valuations look more expensive, a key factor for the unrelenting selling by foreign investors in Indian equities since October.
Despite easing West Asian tensions, the RBI remains cautious, with Governor Sanjay Malhotra emphasizing data dependency over pre-set interest rate paths. While the truce offers
Indian equity markets are poised for further gains, with Nifty aiming for 25,000 if it holds the 23,800 support. Banking and defence sectors are highlighted
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