TIWN
Mumbai, July 24 (TIWN) India's key Indian equity indices made marginal gains during post-noon trade session on Thursday following supportive global cues.
"Indian equities indexes were trading moderately in the green in late morning transactions, alternating between positive and negative terrains. The Ministry of External Affairs stated that India has been in contact with other nations about the potential of importing vaccines to boost domestic manufacturing, which traders found encouraging," said Likhita Chepa of CapitalVia Global Research. "Traders also noted Deputy Governor T. Rabi Sankar's statement that the RBI is working on a phased rollout of its own digital currency and is considering trial projects in wholesale and retail segments in near future. Investors digested dismal economic statistics showing the country's failure to get past the COVID-19 outbreak, while yields on safe-haven assets such as US Treasuries fell."
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