Markets trade slightly in green in early deals
India, Oct. 9 -- Indian equity benchmarks made cautious start and are trading slightly in green in early deals on Wednesday, on the back of buying in Capital Goods, Bankex and Telecom stocks. Investors took some support with report that the Indian economy needs a boost and a slip in the fiscal deficit by 40 to 50 basis points will be a good trade-off if it propels demand. Traders also took note of a report that the Securities and Exchange Board of India (SEBI) Chairman Ajay Tyagi saw keen interest from foreign investors in emerging areas such as REITs and InvITs, which have a total asset size of more than $10 billion. However, upside remained capped with report that India has moved down 10 places to rank 68th on an annual global competitive...
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