In this context, Gaurang Somaiya, forex and bullion analyst, MOFSL, said, "The central bank has accumulated these reserves to be utilised in these kinds of situations," and added that investors are on the edge at this point as there are a lot of moving parts which are impacting the market.
Mumbai (Maharashtra) [India] September 17 (ANI/PRNewswire): In today's tech-savvy times, it is not surprising that large and well-established organizations are investing in developing and also upgrading their digital platforms through which they transact with stakeholders.
Mumbai (Maharashtra) [India] September 10 (ANI/PRNewswire): Motilal Oswal Financial Services (MOFSL), is one of the top equity brokers, it is a well-diversified financial services firm which offers a range of financial products and services.
Mumbai (Maharashtra) [India], June 26 (ANI): More than 80 per cent stores of regional retailers have opened in smaller towns after the relaxations in COVID-19 lockdown with footfalls at 50 to 60 per cent, Motilal Oswal Financial Services Ltd (MOFSL) said on Friday.
Mumbai (Maharashtra) [India], June 12 (ANI): India's real and nominal GDP could contract by 4.7 and 3.5 per cent this year due to the Covid-19 crisis, Motilal Oswal Financial Services Ltd (MOFSL) said on Friday.