Stock markets could open gap down on Monday in response to the lower-than-expected gross domestic product reading for the second quarter, but the dip could be purchased as the growth slowdown is likely to be seen as a one-off and spur dovish commentary on rates from Reserve Bank of India, according to market analysts. "There could be a knee-jerk reaction …
MUMBAI: India’s equity market experienced a major crash on Monday morning with the benchmark indices falling up to 3% in opening deals. The fall is attributed to weak global cues amidst concern that the US economy is heading towards a recession and rising tensions in the Middle East as Iran has vowed to retaliate against Israel’s killing of top Hamas …
