US April consumer inflation, which was announced on Wednesday after trading hours in Mumbai, increased 4.9% – the lowest since April 2021. This was in line with expectations, raising expectations of a pause in interest rate increases by the Fed.
Market rotation signals steady growth ahead; financials and PSUs lead the charge: Rohit Srivastava
According to Rohit Srivastava, the Indian market is experiencing sector rotation, ensuring upward movement after consolidation. Financials, especially NBFCs, are leading the rally due to