A combination of strong macros, stable micros, and a sharp recovery in FII flows post-Mar ’23 has driven the ascent. Valuations today are relatively more reasonable than the Oct’21 peak of the Nifty50.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend