As the US Inflation numbers came soft, all doubts about Fed hiking rates in December were gone. That led to all currencies strengthening against the $. US Yields colled off, Dollar Index came down and US Equities soared.
Indian markets also joined the party. The Rupee made strong gains making new multi week highs. G Sec Yields came off highs and Sensex and Nifty just took off to the skies.
As global uncertainity eases, India stands to benefit the most over the next few decades when we rise up the ranks as a global economic superpower.
Indian markets also joined the party. The Rupee made strong gains making new multi week highs. G Sec Yields came off highs and Sensex and Nifty just took off to the skies.
As global uncertainity eases, India stands to benefit the most over the next few decades when we rise up the ranks as a global economic superpower.
