Dullness of D-street: Ahead of a weekend deadline for the imposition of additional US tariffs and Britain's elections
The flag end bulls managed to bring the Nifty to a positive note above 11,900 on Wednesday but most of the stocks are trading with a negative bias. On the global front, Asian Development Bank (ADB) on Wednesday trimmed its forecast for India's economic growth in 2019-20 to 5.1 per cent as consumption was affected by slow job growth and rural distress aggravated by poor harvest. On the domestic horizon, public and private sector banks have reduced the marginal cost of lending