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Indian stock indices fell for a second day as global investor unease over US-China tensions weakened risk appetite. Gold prices hit a new all-time high, attracting funds from equities. Analysts anticipate a positive setup for Nifty and expect outperformance from Bank Nifty, with buying interest seen in banking and financial stocks.
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News and Media
The International Monetary Fund has increased India's economic growth forecast for the fiscal year 2026 to 6.6 percent. This positive outlook comes despite recent US tariffs on Indian goods. India is projected to achieve the highest growth rate among advanced economies, emerging markets, and developing countries for the current and next fiscal years.
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News and Media
LG Electronics India debuted on Indian bourses with a 50% premium, surpassing its Korean parent in market value. Analysts suggest booking profits on listing gains, with potential re-entry opportunities after Q2 results, especially on dips towards 1,600-1,630.
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News and Media
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