Headline inflation in India also remains fairly benign with persistent inflation pockets like vegetable prices unlikely to be materially influenced by monetary policy. All in all, we see a high likelihood that a cut is coming.
Equity mutual funds delivered up to 7% returns last week, with Mirae Asset Hang Seng TECH ETF FoF leading at 7.27%. Meanwhile, Franklin India Feeder
Indian markets extended their losing streak, with Sensex falling 424.90 points and Nifty dropping 117.25 points. Weak global cues, U.S. tariffs, and FII outflows impacted
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