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As a US government shutdown nears, investors are evaluating its market impact. A prolonged shutdown could weaken the economy and the dollar, potentially leading to Fed rate cuts and benefiting emerging markets. Gold demand remains strong amid uncertainty, inflation, and a soft dollar, with prices expected to rise further.
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News and Media
Infrastructure financing stocks surged over 5% after the RBI reduced risk weights on NBFC lending to infrastructure projects, aiming to lower financing costs. Concurrently, the RBI kept the repo rate unchanged at 5.5%, revised FY26 inflation downward to 2.6%, and raised the FY26 GDP growth forecast to 6.8%.
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News and Media
Sanjeev Prasad anticipates festive demand will boost autos and staples. He expects earnings stability for FY2027 after recent cuts. Nifty 50 may deliver 5-10% returns over the next year. Banks are set to lead economic recovery with 23% profit growth in FY2027. Job creation determines the longevity of the demand cycle.
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News and Media
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