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\n\nCAS Update: Nifty rose to 23,478 from 23,389 at 3:15 pm, while Nifty Bank climbed to 56,472 from 56,262. Sensex also gained, rising to 74,903 from 74,630 at 3:15 pm.
\n\nBNP Paribas is positive on select names in the fintech space and domestic plays insulated from crude, such as healthcare and telecom. It also sees data centres and ancillaries as an interesting space at the moment.
\n\nMSME Space Has Surprised By Showing A Lot Of Resilience In This Year
\n\nDemand, Asset Quality Held Up Very Nicely
\n\nEnough & More Liquidity Because Of The FCNR(B) Deposits
\n\nThere Is Only Good News In Terms Of Core Fundamentals Of Economy
\n\nKey To Track: Oil Prices, Retreating Monsoon, RBI’s Move On Rates
\n\nKnock-on Effects Of Long-term Interest Rates In US On India
\n\nRBI’s Bias Is Going To Be Towards Raising Rates
\n\nBase Case To Hike Rates Remains In Feb And Not Oct, Dec
\n\nThe Probability Of RBI Hiking Rates In December Is Increasing
\n\nIt Will Be Shocking If RBI Doesn’t Increase Rates By February
\n\nWill Potentially Look At Acquisitions In Gold, MFI &…
Original source: https://www.cnbctv18.com/technology/