Core sector growth was subdued with most of the heavyweight sectors seeing tepid growth in February
With most data points done, action shifts to a possible rate cut in RBI monetary policy in April 2025
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
Current account deficit may be modest in Q3, but there has been a 60 bps uptick in Q2 CAD
Indian stock markets remain closed yesterday for Eid Ul Fitr, which marks the month-long fasting period of Ramadan.
Though two-wheeler sales remained subdued in February but electric models witnessed resilience in March. Bajaj, TVS, and Ola topped the charge.
Alpha Wave Global’s global portfolio includes investments in well-known companies including Domino’s Pizza, SpaceX and Uber.
This will be the company's second instance since listing back in 2017 that the board considered a bonus issue of shares.
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