Thirty Nifty 50 stocks have wiped out Rs 22.64 lakh crore in investor wealth this year. HDFC Bank and TCS led the decline, losing Rs 3.55 lakh crore and Rs 3.17 lakh crore respectively. Banking, IT, auto, and consumption sectors faced selling pressure. Experts remain constructive on FY27, expecting the Nifty to reach 28,000-30,000.
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