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Some top money managers are disagreeing with market expectations for Federal Reserve interest rate cuts. They believe the US economy is strong and inflation may remain high. This view leads them to bet against US government bonds. They anticipate fewer rate reductions than the market is pricing in for later this year and into next year.
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News and Media
Indian stock markets experienced a sharp decline on Thursday. This downturn was driven by escalating tensions between the US and Iran, which pushed Brent crude oil prices above $71 a barrel. The Indian economy's reliance on oil imports makes it vulnerable to such price hikes. The Indian Rupee also weakened against the US Dollar.
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News and Media
MAS Financial Services (MFSL) has seen a 9% stock gain, outperforming its sector index, driven by double-digit disbursement growth and improving margins. The company aims for 1,00,000 crore AUM by 2036, with analysts maintaining a 'buy' rating and raising targets due to attractive valuations and strong growth prospects.
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News and Media
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