Axis Securities is positive on KNR Constructions, PNC Infratech, RITES, KEC International, and PSP Projects to do well among infra stocks. These stocks have given returns in the range of 2.35-12.63% so far this year on a year-to-date (YTD) basis. KEC International has offered negative 1.52% returns this year.
NY Fed’s John Williams flags need to gather more information on inflation risks before rate decisions
Federal Reserve officials John Williams and Alberto Musalem have flagged persistent inflation risks, with rapid AI infrastructure investment potentially adding to price pressures. Williams backed