Market analysts are keenly watching global events like the Jackson Hole Symposium and potential US tariff impositions. These events will likely influence market trends. Domestically, GST rationalisation is expected to boost consumption and corporate earnings. FMCG, apparel, and footwear sectors may see growth. However, regulatory risks in online gaming make it a less attractive investment option for now.
Sebi proposes changes to simplify nomination rules
Sebi has proposed simplifying nomination rules for demat accounts and mutual fund folios, making it the default option for new investors. This change aims to