The stock rallied over 4 per cent in the last one month, and nearly 14 per cent in the last 3 months.
The central bank is of the opinion that the inflation is largely driven by the base effect in the near term and given the benign outlook on food inflation, it doesn’t have any serious concerns on
Broadly Vidnyan Sawant of GEPL Capital expects the Nifty to trade in a range of 17,000-17,800 levels. For any further upside, it is important that the index breaks and sustains above 17,800 mark.
Rising yields are affecting the performance of long-term bond funds.
In March 2018, India was part of the first round of countries that were hit by Trump’s national security tariffs which had already limited steel exports from India to US.