Market expert Hemang Jani discusses a strong market foundation with significant participation from midcap stocks, banks, and financial sectors. Promising sectors include capital goods like Kirloskar and Cummins. Adani Group’s entry into the wire segment and DMart’s investment in e-commerce are also highlighted.
Chicago Fed President Goolsbee rejects calls for Fed rate cuts to ease US debt burden
Chicago Fed President Austan Goolsbee rejected calls for interest-rate cuts to ease the US government’s debt burden, warning that such a move could fuel inflation