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Market move▲ Bullish for Indian equities
Market Pulse: Key triggers to watch before the October 1 trading session
The brief
- Wall Street traded higher after US inflation rose less than expected
- US consumer spending also grew, but the summary gives no growth figure
- A stronger global risk appetite can support Indian equities
- Crisil lifts India FY27 growth forecast to 7% on strong H1 momentum
- US core PCE inflation undershoots estimates as Q2 GDP growth is revised to 2.2%
- US PCE inflation rises 0.3% in August as consumer spending surges
- India's Drought Risk: Which Stocks Could Feel The Impact Of A Weak Monsoon And Rural Demand Shock?
- El Nino, water constraints cast shadow over rural demand