Gas Shortage, Harsh Summer Lure Bulls to India Power Utilities
Coal India shares rose for the third successive day to end at their highest level in over 16 months.
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Good morning...
I’m Savio Shetty, and covering equities in Mumbai has been quite something this turbulent week.
Local shares head into Friday looking weary, with bulls watching nervously as the Nifty 50 hovers near a key support level. A weak regional backdrop, with the deepening risk-off mood, is compounding the strain on already fragile Indian equities.