Asian equities showed mixed performance as investors awaited a key US inflation report. US stocks reached a new high after strong economic data eased recession fears but also fueled concerns about persistent inflation. The market anticipates potential Fed rate cuts, influenced by economic indicators and geopolitical factors like the Russia-Ukraine situation, impacting commodity prices.
‘India more diversified:’ Sebi chief Tuhin Kanta Pandey comments on Taiwan’s market ascent
SEBI chief Tuhin Kanta Pandey emphasized India remains a diversified market despite Taiwan overtaking its market value. Driven by TSMC and the AI boom, Taiwan’s