As far as the budget is concerned, for the last 3-4 years budget has remained non-event for the market, and most of the policy decision has been announced separately. We don’t expect any pre-budget rally.
Wall Street closed lower as investors grew pessimistic about Middle East stability. Amazon and Alphabet stocks dipped, impacting major indices like the S&P 500. Brent
Chicago Fed President Austan Goolsbee has voiced significant worry over soaring inflation, recognizing it as the foremost challenge facing the economy today. While he deems
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