Asian stocks showed caution as the Israel-Iran truce held and Fed Chair Powell offered balanced rate cut views. Middle East tensions eased, and Powell’s flexible tone boosted equities. While the Fed remains patient, lower inflation could prompt earlier rate cuts, with markets pricing in two cuts by the end of 2025. Trump’s stance on Iranian oil also surprised markets.
Highway Infrastructure shares to list today. Here’s what GMP suggests
Highway Infrastructure is set to list on the stock exchanges today. Its IPO saw massive oversubscription across all categories. The IPO price was Rs 70