Ujjivan Small Finance Bank is coming up with initial public offer and market analysts are positive about the listing of this private sector bank.
RBI has maintained the same repo-rate in its latest policy meeting. The street was expecting 25 - 50 basis points cut in repo-rate.
Indian Stocks have witnessed a strong move during the last two weeks. While mid-cap and small-cap stocks are still trading low, blue-chip companies have led the current rally.
Indian economy has been going through tough times. While the exports have remained strong in the recent quarters, domestic consumption has taken a hit.
Indian markets are trading near their all-time highs. Markets are expecting good results from listed companies after the government announced tax rate cuts.
Indian telecom sector has witnessed disruption with entry of Reliance Jio. Investors have witnessed reduction in valuation of their holding in other telecom companies.
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