A low to mid-teen earnings growth is being expected for the Nifty50, driven by a revival in domestic consumption, stable commodity prices, and an uptick in capex activity. We stay positive on the markets.
Traders raise odds of 50 bps Fed rate hike as CPI rise exceeds expectations
New data has revealed that US consumer prices rose faster than anticipated, prompting speculation about interest rate changes. Fed Governor Christopher Waller suggested a half