Wed, Nov 6, 2024 5:24 PM
Malaysia Holds Key Interest Rate With Steady Growth, Inflation
A Flip by Shubhangi Gupta
📌GIFT Nifty (Earlier SGX Nifty) signals a muted start. 📌India VIX rose 5.8% to settle at 15.44 levels. 📌The U.S. dollar revisited a one-year high against major peers on Thursday. 📌Foreign portfolio investors turned net sellers at Rs 2,502 crore on Wednesday. 📌The rupee moved in a narrow range and settled flat at 84.39 against the US dollar on Wednesday.
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Shares of debt-laden telecom operator Vodafone Idea will be in focus on November 14 as the firm's net loss narrowed in the September quarter and the ARPU went up. Vodafone Idea reported consolidated net loss at Rs 7,176 crore from Rs 8,737 crore last year. The telco had reported a net loss of Rs 6,432 crore in the previous quarter.
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China’s economy likely gained momentum last month, with early indicators pointing to a rebound after the government began rolling out stimulus measures in late September. Industrial output and retail sales are expected to have grown at a faster pace in October compared to September, according to forecasts by economists in a Bloomberg survey.
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