Market expert Ajay Bagga highlights potential market triggers. These include Donald Trump’s tariff announcement on India and the Reserve Bank of India’s Monetary Policy Committee meeting outcome. He anticipates possible volatility but expects dip buyers to emerge. Bagga notes domestic investors’ resilience and suggests potential benefits from GST cuts and LTCG tweaks.
US inflation tops 4% for first time in three years, keeping Fed hike in play
US inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve’s interest rate hike plans on the table for September.