The RBI’s announcement on consumer loans weighed on financials and the weakness could continue in the coming week as well. The crucial support for the index on the downside is placed at 43,300 level while a breach of the same could push the index towards 42000, suggested experts.
Dollar rebounds after Fed goes big on rate cut
The U.S. dollar rose broadly on Thursday after the Federal Reserve’s significant interest rate cut. Despite initial volatility, the dollar rebounded from a one-year low