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● Neutral for Indian equities
After black matpe, Brazilian pigeonpea to hit Indian markets soon
The brief
- Brazilian pigeonpea is expected to reach India by year-end, subject to phytosanitary clearance
- Additional imports may pressure prices for Indian pulse producers and traders
- FIIs step up selling to ₹5,353 crore as Nifty hits lowest level since April
- India 10-year yield scales two-year high as supply, global rout bite
- US Stocks Decline as Middle East Stalemate Pushes Oil Higher
- IPO frenzy attracts FPIs, even as stock selling hits ₹25,682 crore in September: Will trend continue? Experts weigh in
- Prediction markets' push into US stocks raises regulatory alarm bells