Indian markets experienced heavy selling pressure due to modest GDP and corporate earnings estimates. Only four smallcap stocks posted double digit weekly returns, while 176 fell significantly. Foreign investors sold nearly $2 billion, and rising US bond yields impacted sentiment. Key earnings and macro data, including India’s CPI release, will guide market direction.
No more actions on derivatives on anvil: Sebi WTM Narayan
Sebi’s Wholetime Member Ananth Narayan announced that no additional measures will be taken to restrict derivatives trading, emphasizing ongoing efforts to improve risk management and
January 11, 2025