“In terms of India, any aggressive US Fed action will have direct and indirect consequences for our markets. The first impact is on the currency, and this is important for RBI’s main objective of maintaining macro stability. The Fed hike cycle has been ahead of RBI cycle and the US rates have gone up much faster than Indian ones. As such there would be continued depreciative pressure on the Indian rupee in case of dollar strength emanating from Fed policy.”
This is the time to have more asset-heavy stocks & sectors. Ishmohit Arora explains why
Ishmohit Arora discusses the shift from asset-light to asset-heavy businesses due to inflation. He analyzes sunrise industries, power transmission capex, and advantages for incumbents in
April 25, 2024