The relentless flows from these investors alongside domestic institutions has been nothing less than a saviour for the Indian market.“Retail investors have always been considered as conservative in a volatile and uncertain environment,” said Vivek Goel, co-founder and joint MD at Tailwind Financial Services. Experts believe that this investor community is here to stay and cushion the downside for Indian equities in the near to medium term.
US inflation tops 4% for first time in three years, keeping Fed hike in play
US inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve’s interest rate hike plans on the table for September.