“The RBI took its third rate hike to bring the repo-rate to 5.4%; however, it sounded a little less hawkish. With the softening of commodity prices and crude more specifically, we believe peak inflation might just be behind us.”
Tide turns mid-March, FPIs pour Rs 17,585 cr into financial services in 2 weeks
Financial services received the highest inflows at ₹17,585 crore in the second-half of the month after they sold these shares worth over ₹3,000 crore in