“Underlying the current account deficit was the widening of the merchandise trade deficit to $ 68.6 billion and an increase in net outgo of investment income payments”, said a release by the Reserve Bank of India.
Despite Friday’s recovery attempt, technical charts are painting a cautious picture for Nifty in the coming week. Anand James, Chief Market Strategist at Geojit Investments
Hero FinCorp, the financial services division of two-wheeler manufacturer Hero MotoCorp, has raised Rs 260 crore in a pre-IPO placement round.
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