Indian stock markets are navigating a balance between optimism and caution. Inflationary pressures and global uncertainties are key concerns. However, selective buying is emerging in mid and smallcap stocks, driven by positive quarterly earnings. Investors are closely watching sectors like QSR, auto ancillaries, and IT for further trends. The long-term EV ecosystem story remains strong.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend