Indian stock update; Inflation in the best place internationally

 Due to Ganesh Chaturthi, the stock market remains adjourned on Wednesday, resuming on Thursday. Equity benchmarks ended in over 3% gain, including Sensex’ 30 shares finishing in green, and Nifty bank index at 3.4% gain. Picked up by FPIs for two straight months now, investments resulted in ₹4,989 Cr and ₹51,204 Cr in July and August respectively. After the RBI’s decision of not letting Rupee trade against 80/Dollar, the Indian currency picked a pace on Tuesday.

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Vishvasni Chand

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