Asian equities showed mixed performance as investors awaited a key US inflation report. US stocks reached a new high after strong economic data eased recession fears but also fueled concerns about persistent inflation. The market anticipates potential Fed rate cuts, influenced by economic indicators and geopolitical factors like the Russia-Ukraine situation, impacting commodity prices.
Goldman Sachs’ India bets: 8 stocks rally up to 85% in CY26; one new addition
Goldman Sachs’ India equity portfolio fell 6% in CY26 amid mixed stock performance. While 18 stocks declined sharply, eight delivered strong gains, led by GNG