Reliance Industries is expected to announce its Q4 results, with a potential dip in profitability due to a weak O2C business. However, the retail and Jio sectors are anticipated to demonstrate robust growth, significantly contributing to the overall performance. Investors are also awaiting the announcement of a dividend, the first in nearly three quarters.
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