Inflation figures, trade data & geopolitical developments to remain in focus
Mumbai, July 10 -- The domestic equity benchmark ended the week on a negative note, snapping their four-week rising streak, as investors navigated through a volatile stretch that was shaped by fresh Iran-US tensions.
Iran struck US military infrastructure across Gulf Arab states on Thursday, 9 July, in retaliation for American strikes on Iran's southern coast - further eroding the fragile three-week-old ceasefire. With these rising tensions, the Brent climbed above the $76 per barrel-mark on Friday, with the commodotiy on track for recording nearly 6% weekly gain.
On the domestic front, Kharif sowing across India is reportedly running about 20% behind last year's levels, after a weak start to the southwest monsoon delayed planting in se...
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