Ashima Goyal emphasized India’s resilience to supply shocks and anchoring of inflation expectations. Bhide expects food inflation to ease in 2024. Both acknowledged inflation risks from geopolitical tensions.
Indian equity markets opened with volatility, with indices oscillating sharply in early trading. Analysts suggest focusing on stock-specific opportunities, particularly those in oversold zones near
Vodafone Idea shares rose ahrply on Monday after ET reported that JSW Group and ST Telemedia are exploring a potential stake in the telecom operator.
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