The broad-based rally at least at this point of time looks difficult, unless and until it is supported by growth or it is supported by flows led by FPI’s buying.
Sebi has proposed introducing a closing auction session (CAS) to determine share prices, initially for derivative stocks, with plans to extend it to all stocks
Federal Reserve Chair Jerome Powell hinted at potential interest rate cuts, emphasizing labor market vulnerabilities amidst accelerating inflation. He suggested a cautious approach, citing a
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