Wall Street indices are at record highs. The market is reacting positively to strong earnings reports and anticipated trade agreements. A US-European Union trade deal is expected. Spartan Capital Securities’ Peter Cardillo believes the rally has legs. He suggests the India-UK FTA could set a 15% tariff norm. Cardillo is optimistic about India reaching a trade deal soon.
Central Bank’s OFS draws 1.28x subscription
The government’s offer to sell its stake in Central Bank of India saw strong investor interest. The two-day issue closed on Monday with an overall