Domestic markets saw profit booking after recent gains, with the Nifty declining slightly. Indian equities are expected to see a gradual upmove, supported by global cues and earnings. Investors will monitor US jobs data and the RBI's monetary policy decision tomorrow. The India VIX, a fear gauge, rose to 12.19 levels. The rupee appreciated nine paise against the US dollar on Tuesday.
Domestic markets witnessed profit booking after four consecutive sessions of gains, with the Nifty declining 0.6%. Indian equities are expected to witness a gradual upmove, aided by supportive global cues, healthy domestic macroeconomic indicators, a... [2981 chars]
Source: The Economic Times
Read on original siteQuestions about how this affects your business? Speak with a PJRJ partner.