Capitalmind looks at stocks, bonds, funds and the macro to bring you their view on the Indian financial markets. We discuss all things related to investing at our focussed podcast that keeps it simple. For more, go to capitalmind.in and to invest with us, visit capitalmindwealth.com
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Indian market is likely to open higher after snapping a two-day winning streak on Friday. The benchmark ended below 26,100, while midcaps underperformed sharply and the rupee hit a record closing low. Experts, however, believe the current weakness could form a higher bottom around the 26,000 mark, setting the stage for a potential rebound this week. Globally, markets kick off the week higher after dovish comments from the New York Fed Chief lifted hopes of another U.S. rate cut this year, with the odds rising to 70% from 40% just a day earlier. From TCS facing a $194 million legal setback in the U.S. to Tata Power’s Bhutan hydropower partnership, and fresh capacity expansion plans from Tata Chemicals. Plus, updates on Natco Pharma, Lupin, Shilpa Medicare, and infrastructure majors RVNL and HG Infra - a roundup of all the stocks in news. Tune in for all this and more in today’s Market Minutes — your morning podcast bringing you the top stories to kickstart your trading day, from stocks
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