Indian shares set to open lower ahead of cenbank policy decision
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 08 2024
0mins
Should l Buy ?
Source: Reuters
Market Outlook: Indian shares are expected to open lower ahead of the Reserve Bank of India's policy meeting, where interest rates are likely to remain unchanged for the ninth consecutive time amid ongoing inflation concerns.
Corporate Updates: Godrej Consumer Products missed profit estimates but plans to enter the pet care market; Marico reports that most distributors in Bangladesh have resumed operations; and UPL's unit received a favorable court ruling in Australia.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy ?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
