The U.S. dollar strengthened to a near one-month high following CPI data that aligned with expectations, reinforcing the likelihood of the Federal Reserve holding interest rates steady. This comes amid political pressure to lower rates, with experts emphasizing the importance of Fed independence. Market participants are observing subdued volatility ahead of potential Supreme Court rulings and upcoming economic data releases.
Polycab shares slide 17% in 3 months amid Ultravolt shock, but Jefferies sees 33% upside. What’s behind the bullish view?
Polycab shares have fallen 17% from their June peak after UltraTech entered the wires and cables segment. Jefferies retained its Buy rating and Rs 11,100
September 22, 2026