Markets are experiencing a cautious rebound after recent declines. This rally, fueled by short covering and domestic institutional buying, is met with skepticism. Experts suggest a decisive shift depends on a resolution to the West Asia conflict. Foreign institutional investors continue to sell, adding to market unease. Traders await clarity on the geopolitical situation before committing further.
RBI proposes easing rules for mutual funds, insurers to acquire higher stake in banks
The RBI has proposed one-time approval for mutual funds, insurers and pension funds to increase bank shareholding up to 10% without repeated regulatory clearance. The