Once market favourites, TCS, Infosys, DMart, Asian Paints and HUL have delivered flat or negative returns over the past four years despite strong fundamentals.
Wall Street experienced a sharp decline as the Federal Reserve maintained interest rates. AI-related chip stocks also saw further losses ahead of key earnings reports.
Federal Reserve Chairman Kevin Warsh stressed commitment to the 2% inflation target. He clarified there is no implicit inflation target above this for the committee
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