The shares of CIAN Agro Industries, Indo Tech Transformers, HFCL, Ideaforge Technology and others more than doubled in the first 25 sessions of FY27 which began on April 1 this year. This came while benchmark index Sensex jumped 7% during the period, recovering some losses after the sharp selloff in March triggered by the skyrocketing oil prices and raging Iran-US war.
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