Wall Street experienced a volatile session Wednesday following reports of a potential dismissal of Federal Reserve Chair Jerome Powell, triggering market fluctuations. Equities recovered after President Trump denied the reports, with the Nasdaq reaching a record high. Economic factors, including inflation concerns tied to tariffs, influenced investor sentiment. While bank earnings were strong, their stock performance was mixed.
Nifty Pharma, 4 others hit 52-week high since Iran war while Nifty fell 7%. Will the form continue?
Despite a challenging market backdrop fueled by geopolitical tensions and foreign fund outflows, five Indian sectors—Pharma, Energy, Defence, Capital Markets, and Metals—are showing remarkable strength.
May 25, 2026