Dipan Mehta, Director of Elixir Equities, expresses disappointment in the current earnings season, particularly highlighting the automotive sector’s cyclical downturn. He advises holding onto stocks without increasing investment, and caution against new IPOs like Swiggy amidst market uncertainties. For companies like Ola Electric, he suggests waiting for clear profitability signals before considering investment.
NY Fed’s John Williams flags need to gather more information on inflation risks before rate decisions
Federal Reserve officials John Williams and Alberto Musalem have flagged persistent inflation risks, with rapid AI infrastructure investment potentially adding to price pressures. Williams backed