Your Weekly Market Roundup
Food delivery major Swiggy's ₹11,327 Cr IPO received strong response from all investor categories. Institutional investors showed 5.4x demand.
TCS, Infosys, and HCL Tech reported better-than-expected earnings. Large deal wins signal strong demand recovery.
Monetary Policy Committee keeps repo rate unchanged at 6.50%. Inflation within target range of 2-6%.
Foreign institutional investors bought ₹8,245 Cr worth of Indian equities this week, reversing prolonged selling trend.
WTI crude fell 3.2% this week on rising US inventories and China economic slowdown worries.
Indian markets outperformed global peers despite Middle East tensions and Fed rate uncertainty.
Q2 corporate earnings beating expectations fueled the rally. Focus shifts to consumption and banking sectors.
Strong demand for Swiggy IPO signals healthy primary market appetite. More listings expected in Q4.
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