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Kevin Hassett is emerging as the leading contender to succeed Jerome Powell as U.S. Federal Reserve chair. The selection comes amid political pressure from President Trump for faster rate cuts. Hassett has signaled support for further monetary easing but noted adjustments may be needed if inflation rises sharply.
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Indian government bonds saw a rebound on Wednesday. This followed a two-day decline driven by foreign investors selling positions. Concerns over fewer domestic interest rate cuts also impacted sentiment. The benchmark 10-year yield moved lower. Overseas investors have been net sellers recently. Traders noted offshore paying in overnight index swaps. Market participants await the U.S. Federal Reserve’s policy decision.
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Meesho delivered a blockbuster debut on Dalal Street, listing with a 46% premium and climbing as much as 7% on day one. With strong subscription momentum, heavy institutional demand and bullish analyst views, the stock’s surge has left investors weighing whether to book profits, stay invested or buy more. Analysts point to Meesho’s deep penetration in value-driven markets and improving economics, but warn of rising...
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The Federal Reserve’s current meeting is shaping up as one of the most contentious in years, with markets heavily pricing in a rate cut amid divided policymakers. Investor uncertainty has been fueled by a record U.S. government shutdown, mixed Fed signals, and pressure from the Trump administration for lower borrowing costs.
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Jefferies has revamped its India model portfolio for 2026, adding six stocks across banking, energy, autos and real estate as it doubles down on value, earnings momentum and sector-specific tailwinds.
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