Indian Resilience Wins Over US’ Bleakness

Over the past one week, market participants have been entrusting their decisions to the prevailing trends in the Western markets, with rising yields and the relentless ascent of the US dollar index casting a shadow over global markets. However, this familiar narrative is poised to undergo a dramatic transformation as we shift our gaze towards an array of internal catalysts that promise to seize the spotlight. The forthcoming earnings’ season and the pivotal decisions of the Reserve Bank of India (RBI) will ascend to centrestage, punctuated by India’s remarkable triumph in securing over 20 gold medals at the Asian Games and the imminent extravaganza of cricket.