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IIP growth was in double digits in 2 out of the last 3 months.
Valuations are 30% above 10yr averages and broader markets, fully pricing in a rebound in demand.
Vandana Hari (independent oil consultant) expects the Oil markets to remain well supplied.
The consolidated net profit for the October-December quarter stood at Rs 690.41 crore.
FPIs took out $110 million from Indian equities in the recent week, a sell figure after a long time.
A projected decline in Kharif production and uncertainties surrounding Rabi sowing raise supply-side concerns.
The contraction witnessed in capital goods output also came as a negative
Beyond the specific transaction, the deal between REC Solar Holdings and Elkem ASA reflects broader industry dynamics.
Oil and gold ended higher for the week, but the real story was the strength in the Indian rupee.
The month of December 2023 saw the overall mutual fund AUM cross the Rs50 trillion mark for the first time.
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