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Stock Market
Stock Market Today: Dow, S&P 500, Nasdaq Futures Hold Steady as Wall Street Bets on December Rate Cut
Market is largely positive
Economy
GST revenues hold firm at Rs 1.7 trn in November
Manufacturing
Industrial output slumps to 13-mth low at 0.4%
Rupee
Rupee sinks to all-time low amid global risk sell-off
Short-term market outlook is positive
Inflation
CPI drops to lowest as GST rationalization takes full effect
GDP
India’s GDP seen growing 7.2% in Q2, powered by consumption
Asia driving global mfg recovery
Infra
Core infra growth slowest at 3% in 3 mths
Forex
Forex kitty shrinks $276 mn to below $700 bn