February 17: Trade Deficit Hits Record, Unemployment Edges Up & More

In this episode of BreakOut by 5paisa, we track India’s merchandise trade deficit widening to a record $34.68 billion in January, driven by a spike in gold and silver imports. We also highlight the rise in the unemployment rate to 5%, reflecting a marginal uptick in joblessness. Markets rebounded in the previous session after a two-day decline, while derivatives data showed a sharp jump in the Put-Call Ratio and volatility levels remained elevated.