Indian markets experienced volatility as geopolitical tensions and rising fuel prices fueled investor caution, leading to a shift towards defensive sectors. Despite near-term range-bound trading, long-term opportunities are seen in select sectors, though gold stocks and capital goods face valuation concerns.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend