Southeast asian nation to meet with President Trump. We have the world covered here on daybreak asia and we will be live and across the region to get the latest market reaction. Betty as we mentioned, we are going to hear from the Prime Minister ahead of him meeting with President Trump and why one of indias largest Tech Services companies is worried trumps policies will hurt the center in india. This is daybreak asia, coming to you from u. S. And asia headquarters. I am betty liu betty liu in new 00k, where it is after 7 p. M. Yvonne i am yvonne man in hong kong. Why is he so worried about inflation . His counterparts have overlooked the last two months in recent weakness as a fake. He said missing the 2 inflation target does raise questions. What does that mean for this . It could impact the role of the Balance Sheet. That could be key. Betty we have a guest coming up that says the fed has been excellent in terms of broadcasting how they will reduce that Balance Sheet. Yvonne, let us
Equity benchmark indices Sensex and Nifty hit their fresh record levels on Thursday after lower inflation numbers raised hopes of an interest rate cut by the RBI.
Besides, heavy buying in capital goods, consumer durable and industrial stocks also helped the indices, traders said.
Retail inflation
Market experts are bullish on IT stocks, the correction in prices over the last few months has made valuations more reasonable. Strong deal pipeline, and growing hope of US interest rate cut support the optimism.
Facing a cautious market and clients tightening their purse strings, IT companies are adopting a strategy from startups and web commerce: creating a new C-suite role – the chief growth officer (CGO).
Happy Monday! Investors in new-age startups are set for huge gains as these firms list on the public markets. This and more in todays ETtech Morning Dispatch.