The U.S. dollar was on track for its most significant weekly gain in over a month as market expectations shifted towards fewer interest rate cuts. This shift was influenced by the belief that President-elect Donald Trump’s policies could fuel inflation, giving the Federal Reserve less leeway to reduce rates.
ICICI Bank closes in on HDFC Bank for Nifty’s top spot as share trends diverge
As ICICI Bank approaches HDFC Bank’s Nifty index dominance, the dynamics of the market are changing. HDFC Bank’s index weight has dropped considerably this year,