This selloff and the resulting volatility underscore the sensitivity of the Indian stock market to political developments and investor sentiment during critical events such as national elections.
Futures for Brent crude dropped 20 cents, or 0.3%, to $78.16 a barrel. Brent fell more than 3% on Monday and closed below $80 for the first time since February 7.
On day 2 of subscription, the retail category saw 18.30 times subscription, the non-institutional investor category 30.27 times, and the qualified institutional buyers category 1.17 times.
With exit polls, GDP data and fiscal deficit out late last week, the macro impact may be visible in the coming week
It was a week that began with a whimper and ended with a bang with GDP and fiscal data extremely positive
The dollar index fell 0.05% to 103.99, the lowest since April 9. At $1.09155, a level last hit on March 21, the euro gained 0.11%.
In a week when markets corrected sharply, it was the banking sector that surprisingly held out strong
It was probably a classic case of some of the year end fiscal deficit pressures of FY24 being carried forward
Canara Robeco Balanced Advantage Fund NFO is an opportunity to invest tactically allocate funds across multiple asset classes
CME Fedwatch turned dovish this week after steady PCE inflation and sharply lower Q1-GDP estimates

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