Market analysts are keenly watching global events like the Jackson Hole Symposium and potential US tariff impositions. These events will likely influence market trends. Domestically, GST rationalisation is expected to boost consumption and corporate earnings. FMCG, apparel, and footwear sectors may see growth. However, regulatory risks in online gaming make it a less attractive investment option for now.
GIFT Nifty hits record open interest of $21.56 billion; contracts touch all-time high
GIFT Nifty has hit a record open interest of $21.56 billion, reflecting rising global investor participation in India’s offshore derivatives market. The milestone, achieved on