The inflation debate continues and yesterday was a harsh reminder that this a tough battle and the Fed needs to remain aggressive to put a lid on the widespread inflationary prices we’re seeing,Detrick added.
Technical picks: HDFC Life, Pidilite Industries among 5 stocks that can rally up to 20% in short term
Indian equity benchmarks ended slightly lower on Friday but recorded a third consecutive monthly gain, buoyed by steady institutional inflows and strong corporate earnings, despite