Ankur Rudra says FY25 is turning out to be almost a déjà vu of FY24. We will barely see any improvement across the sector. Last year, growth was, like you said, low to mid-single digits. This year growth will again be low to mid-single digits. FY26, at the moment the visibility is relatively weak.
US stocks: US market falls as hot inflation, hawkish Fed fuel rate-hike fears
US stocks closed lower after hotter-than-expected inflation data strengthened expectations of a December Federal Reserve rate hike and raised the possibility of more aggressive tightening.