ETMarkets Morning Podcast: Chris Wood’s India’s outlook, CCD default & FPIs’ new love

etmarkets morning podcast chris woods indias outlook ccd default fpis new love

Sumary of ETMarkets Morning Podcast: Chris Wood’s India’s outlook, CCD default & FPIs’ new love:

  • Dalal Street looked looked set for a negative start this morning, as Nifty futures on Singapore Exchange fell some 50 points, changing direction after quoting marginally higher, while stocks in other Asian markets wavered..
  • Stocks on Wall Street rallied overnight after Fed Chairman Jerome Powell assurance that the central bank can reinvigorate the economy without stoking painful inflation..
  • US Federal Reserve Chairman Jerome Powell signaled on Thursday that the US central bank was nowhere near reducing its support for the US economy..
  • Shares of Tata group firm hit record highs on Thursday after nearly 14 years, extending the recent bullish momentum driven by a resurgence in global metal prices….

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