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.
Mcap of five of top-10 most valued firms erodes by Rs 1 lakh cr; HDFC Bank biggest laggard
The combined market valuation of five of the top-10 most-valued firms eroded by Rs 1 lakh crore last week, with HDFC Bank taking the biggest