The real estate sector faced significant losses due to dimming hopes of interest rate cuts, while broader markets witnessed declines in Nifty Midcap and Small Cap indices by 7.38% and 9.41%, respectively. Analysts suggest cautious trading with a focus on banking stocks for stability and emphasize the importance of managing risk in a volatile market.
Justice Department drops criminal probe of Fed chair Powell, likely clearing way for Warsh
The Justice Department has concluded its investigation into Federal Reserve chair Jerome Powell. This decision removes a significant obstacle to the confirmation of Kevin Warsh,