Important Events

Important Developments:

-Indian Core sector growth slowed to 4.1% in March as against 5.4% in Feb. For the full 2017-18 fiscal, Core sector grew by 4.2% as against 4.8% in previous Year.
-GST Collections hit 1 lac Cr in April, Last Year collection was 7.4 lac Cr.
-Auto sales climbed 12% in April.
-FOMC meeting and US non farm payrolls are key data for this week.
-Sterling declined steeply as mfrg growth slowed to 17 month lows.
EUR/USD is at 1.2003 and GBP/USD is now at 1.3611.

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