If the Fed hikes the rate by 75 bps, we don’t expect a significant negative impact on the Indian market. In fact, after every 75 bps rate hike (as seen in June and July 2022), the Indian market rose. We expect a similar pattern to play out this time as well.
Intel’s $100 billion April rally makes it market’s hottest stock
Intel has emerged as one of the hottest S&P 500 stocks, adding over $100 billion in market value during a nine-day, 53% rally. A string