From the lows of March’23, the Nifty index has staged a smart pullback of 10% over the past 2 months. The Nifty Auto, Nifty Bank, and Nifty FMCG sectoral indices are at lifetime highs.
Dollar flat near one-week high as investors await Warsh’s Jackson Hole debut
The euro and sterling were subdued near one-week lows against the greenback, last at $1.1652 and $1.3597, respectively, though both remained on track for a