Volatility in global markets, Fed’s hawkish tone to weigh on Dalal Street
Mumbai: Indian equities are likely to be under pressure earlier this week, mirroring the slump in US markets on Friday, sparked by the higher-than-expected May consumer inflation reading. Investors fear sharper hawkish tone from the US Fed in its rate-setting meeting on June 15 to contain inflation (at a 40-year high), driving up the dollar … Read more