Initially, I was a little worried about what foreigners would do given the lower earnings growth. They have sold about ₹1.5 lakh crore but the Nifty has fallen only about 1,200 points. And now they are also tired of selling.
The yen remains steady as the Bank of Japan gears up for its expected interest rate policy decision. The dollar has slipped lower, responding to
Working-capital demand from banks has increased significantly due to the ongoing conflict in West Asia. Higher raw-material costs and elongated shipping timelines have led to
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