Despite a calm surface, Indian equity markets face mounting macroeconomic pressures from rising crude oil prices and a weakening rupee. Experts warn that current market behavior suggests complacency, with potential earnings cuts looming as underlying economic softness emerges. Analysts anticipate a downward revision of Nifty earnings estimates for FY27.
Fed officials give hints on rate decision as markets cut October rate hike odds
Fed officials tempered expectations for an October rate hike after Philip Jefferson and John Williams stressed patience and data dependence. Markets sharply reduced hike odds,