“The news flow around the Adani group is more or less factored in. The good part always was that large foreign institutions as well as mutual funds, PMS, etc, had very small holdings in these stocks. So to that extent, systemic risk is not so great for the equity markets. The risk was being felt more from the credit market point of view.”
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend