Nifty’s journey from 22,000 to 23,000 took only seven months. During this up move, Bajaj Auto, Coal India, BPCL, Hero MotoCorp, Mahindra, and Mahindra, among others advanced between 65 and 85%. However, not all stocks gained. HDFC Life Insurance, LTIMindTree, and Asian Paints led the loser’s list during the seven-month period: (Source: Prabhudas Lilladher)
US 10-year Treasury yield tops 19-month high as oil prices fuel rate-hike bets
US Treasury yields rose significantly, with the 10-year rate exceeding 4.75 percent. Rising oil prices and persistent inflation fueled expectations of a Federal Reserve rate