Wall Street experienced a volatile session Wednesday following reports of a potential dismissal of Federal Reserve Chair Jerome Powell, triggering market fluctuations. Equities recovered after President Trump denied the reports, with the Nasdaq reaching a record high. Economic factors, including inflation concerns tied to tariffs, influenced investor sentiment. While bank earnings were strong, their stock performance was mixed.
Expect limited upside in near term, stick to stock-specific strategy; Vedanta, Motherson among top picks: CA Rudramurthy BV
Indian markets are struggling to maintain gains despite positive domestic news. Global factors and foreign selling are creating caution. Short-term traders are advised to reduce
December 10, 2025