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Reliance Infrastructure plans to raise $350 million through FCCBs to repay debt and start electric power generation businesses.

Domestic equities ended the week near all-time highs despite election-related volatility. Analysts expect the upward bias to continue with focus on key economic data. State of the markets signals a negative start with Nifty futures trading lower at 23,267. India VIX rose to 16.88 levels. Brent crude futures slipped to $79.58 a barrel.

Anticipation surrounds the US Fed meeting this week, hinting at upcoming interest rate cuts based on fluctuating inflation progress in the first quarter.

The euro fell as French President Emmanuel Macron called a shock election after far-right gains in European Parliament elections. U.S. nonfarm payrolls data showed job growth exceeding expectations, impacting Fed rate cut expectations.

Oil prices slipped on Monday due to a stronger dollar and delayed interest rate cuts following strong U.S. jobs data. Developments in Iraq, including progress in oil export talks with the Kurdistan region, impacted market sentiment.

​So, we went into the elections quite strongly positioned for a potential adverse event. But it was not because we expected any adverse event. It is just our style of investing. So, to that extent, there has been almost next to nothing in terms of changes that we have made pre or post elections.

​The crop output is likely to be better and perhaps with some support from the government we are likely to get better realisations as well. So, as a combination, I expect to see a significant increase in rural demand coming through and therefore, you are looking for direct farm plays as well as indirect ways of looking at where rural consumption can actually increase demand.

On Friday, the main stock market gauges in India reached unprecedented levels, recovering from previous losses linked to election events. This surge was attributed to expectations of political stability and an outlook for accelerated economic expansion. The S&P BSE Sensex concluded the day with a 2.16% increase, reaching 76,693 points, and the NSE Nifty50 index surpassed the 23,250 mark.