Crude oil prices have recently fallen substantially from their peak which will help to reduce the current fiscal deficit. The easing commodity prices bode well for the nation as it will help to lower inflation and assist corporations to reduce their input costs, thereby improving their margins and earnings profitability. Further, the supply side challenges are gradually resolving and the worst seems to be behind for the India Inc. margins trajectory.
US stocks: US market closes down sharply after Fed holds rates unchanged
Wall Street experienced a sharp decline as the Federal Reserve maintained interest rates. AI-related chip stocks also saw further losses ahead of key earnings reports.
July 29, 2026