Markets experienced significant selloff amid FII outflows, geopolitical tensions, and SEBI rule changes, resulting in a 4.45% drop in the Nifty 50. Technical indicators suggest potential support at 25,000 levels, with a cautious outlook advised for the coming week.
Market expects one more rate cut as inflation stays benign
Indian economists and bond market experts expect another quarter percentage point cut in policy rates. This follows the Reserve Bank of India’s recent rate reduction