India is experiencing robust economic growth alongside subdued inflation, a rare “goldilocks” scenario. Nomura’s Aurodeep Nandi highlights easing headwinds, supportive policy, and stable core inflation, projecting continued expansion. While rate cuts are unlikely, the RBI retains flexibility, and the rupee faces moderate volatility.
Market Wrap: Sensex falls 142 points, Nifty holds 23,900; HDFC Bank shares tumble 3%
Indian stock market closed in the red, with benchmark indices Sensex and Nifty falling up to 0.2% as Iran-US tensions simmered and rupee declined. Broader
May 27, 2026