Asian stocks and currencies rose after the Federal Reserve rate decision and US consumer price data. Equities and dollar-denominated bonds are set to benefit despite tempered optimism due to Fed officials revising rate cut forecasts.
Earnings downgrade cycle largely over, no major cuts expected from Q3 onwards: Pawan Parakh
I strongly believe that earnings misses have largely bottomed out in Q2. If we look at corporate India’s performance, two sectors have disappointed slightly. First