It’s a mixture of stellar results and liquidity backing the rally. Banking as a percentage of the Nifty 50 index is nearly 18%, and these banking companies have delivered solid growth on the top and bottom lines.
Warsh’s gamble: A quieter Federal Reserve could mean volatile markets, higher rates
New Federal Reserve Chair Kevin Warsh is significantly reducing the central bank’s communication, particularly “forward guidance” on interest rates. This move, aimed at making markets