India's financials accounted for nearly a third of the foreign sales from the country's equity markets in January, highest outflows among sectors, data from the National Securities Depository Ltd.
Cummins India added 1.62% to Rs 2,966.60 after the company's standalone net profit jumped 12.98% to Rs 514 crore in Q3 FY25 as against Rs 454.92 crore posted in Q3 FY24.
Most economists surveyed by Bloomberg expect the RBI to now cut the benchmark repo rate by at least 25 basis points to 6.25%. Malhotra is heading a mostly new six-member monetary policy committee (MPC ...
Lyn Alden, founder of Lyn Alden Investment Strategy, also noted that India is well-positioned as it is not currently a key target of US President Donald Trump's tariff announcements.