Equity markets saw broad-based selling pressure after weak monsoon forecasts raised concerns over food inflation, though falling crude oil prices and easing bond yields helped limit downside risks. Investors now await key domestic triggers, including the RBI policy decision and GDP data, while analysts have flagged YES Bank and NBCC as stocks with strong short-term bullish momentum and upside potential.
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