The US Federal Reserve kept interest rates steady at 4.25%-4.5%, halting rate cuts after a 100 basis point reduction since September. Market expectations for a rate cut have shifted to June. Fed Chair Jerome Powell warned that if inflation remains stubborn or the labor market weakens, rates could stay higher for longer or be further eased. Political factors may influence the decision.
Why FIIs are dumping bluechips to hunt small & midcaps
Foreign institutional investors are shifting their focus from India’s top blue-chip stocks to a wider array of mid- and small-cap companies. This strategic repositioning is