Indian equities rebounded on Monday following positive global market trends and hopes of easing in policy-tightening as inflation slowed worldwide. The Nifty rose 108 points to 19,754, with the Sensex up 367 points. The Nifty Midcap 100 also reached a new intraday record high. Analysts predict Nifty has a strong base with open upside targets.
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