Indian equity markets in a sweep spot. Inflation has shown signs of ebbing and RBI has already paused rate hikes. Capacity utilisation is ~74% fuelling private capex. Capital expenditure, both public capex (~18Y high) and private capex (~15Y high) are the biggest strength.
US stocks: Dow rockets 1,100 points, S&P over 2% as oil slide cools inflation worries; Nvidia slumps
US stocks experienced a notable upswing on Monday following a decline in oil prices that calmed inflation worries and propelled market growth. The S&P 500