We believe that the momentum in liquidity indicates that the bullish stance could continue. As long as the Nifty holds above the 24,500 zone, the ongoing momentum could accelerate beyond the 25,250 to 25,500 levels.
The Asian Development Bank and Standard Chartered Bank have partnered to boost supply chain finance in India. Agreements include risk-sharing for USD transactions via GIFT
Rajesh Exports and promoter Rajesh Mehta face regulatory action after Sebi alleged large-scale financial misrepresentation and possible revenue inflation of 97-99%. The regulator has barred
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