Market expert Hemang Jani discusses a strong market foundation with significant participation from midcap stocks, banks, and financial sectors. Promising sectors include capital goods like Kirloskar and Cummins. Adani Group’s entry into the wire segment and DMart’s investment in e-commerce are also highlighted.
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