Indian stock markets experienced a significant downturn on Monday, with the Sensex plummeting 2,226.79 points due to global market turmoil triggered by US-China trade tensions. Viral Chheda of SSJ Finance and Securities advises investors on Trent, Hindalco, and Siemens, suggesting a cautious approach amid bearish trends and potential buying opportunities at lower levels for long-term gains.
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