Investors recently leaned towards FMCG and consumption-related stocks due to global instability. Analysts noted the sector’s appeal amid high valuations elsewhere, although limited short-term gains are expected. Stocks such as Godrej Consumer and Dabur are predicted to deliver moderate returns, with long-term holding recommended for current investors.
Justice Department drops criminal probe of Fed chair Powell, likely clearing way for Warsh
The Justice Department has concluded its investigation into Federal Reserve chair Jerome Powell. This decision removes a significant obstacle to the confirmation of Kevin Warsh,