We expect equity returns to be modest as earnings growth will get eaten away by moderation in valuations. 2H2023 will be driven by how earnings are panning out. Rising interest rates remain a challenge.
Gold prices edged lower on Thursday as hotter-than-expected US inflation data and hawkish Federal Reserve commentary lifted the dollar to near a one-month high and
Indian equities have seen significant gains recently, with the Sensex and Nifty reaching their highest levels since February. Heavyweight stocks in the banking and auto
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