After the rally of the previous week, the markets were quietly positive this week; but FPI inflows surged
FPIs surprised the street with $3.23 Billion of net inflows in the week; the best in last 5 months
Core sector growth was subdued with most of the heavyweight sectors seeing tepid growth in February
Current account deficit may be modest in Q3, but there has been a 60 bps uptick in Q2 CAD
FPIs net sold equities worth just $410 Million in March; but FY25 FPI selling stood at $13.4 Billion
With this, the company's aggregated gross development value (GDV) across its real estate projects will cross nearly ₹40,000 crore.
Fiscal deficit has surged in February and we could just see the fiscal deficit spilling over for FY25
With most data points done, action shifts to a possible rate cut in RBI monetary policy in April 2025
Increasing Gold Reserves Boost India’s Forex Reserves
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