In this week’s episode of The Week That Was, we break down key global and domestic market developments:

• Global Markets: Fed Chair Kevin Warsh’s debut Jackson Hole speech kept a rate hike on the table, triggering a bear-flattening in US yields, a stronger dollar, and a pullback in gold, while the S&P 500 ended marginally lower.
• India Macro & Economic Data: Industrial production moderated but stayed resilient, asset monetisation progress was strong, and forex reserves climbed to a record USD 729 billion.
• Domestic Equities & Sectors: The Nifty and Sensex fell for a third straight week on Middle East and Fed-driven caution, even as Metals, IT, and Pharma led sector gains and broader markets outperformed.

Speaker:

Michelle Castellino

Investment Strategist

In this week’s episode of The Week That Was, host Michelle Castelino breaks down key global and domestic market developments:

• Global Markets: The US Treasury announced plans to double its long-term debt buyback operations to at least $4 billion per operation, following a brief spike in the 30-year yield above 5.3%. The move offered mild relief to bond markets and the dollar, though its overall impact is expected to stay limited.
• India Macro & Domestic Equities: Domestic activity data showed a mixed picture, with core industries growth moderating even as the unemployment rate eased to a four-month low. Indian benchmarks fell for a second straight week, with the Nifty and Sensex both lower, pressured by rising crude oil prices and escalating Iran-US tensions. IT and FMCG led sectoral declines, while Metals, Realty, and Banks held up better.
• Bonds & Gold: Indian bond yields rose over the week amid renewed inflation concerns, while gold extended its rally.

Speaker:

Michelle Castellino

Investment Strategist

In this week’s episode of The Week That Was, host Michelle Castellino breaks down key global and domestic market developments:

• ​Global Markets: Global equities ended the week on a positive note, supported by lower-than-expected US CPI inflation data and easing recession concerns, which fueled strong gains across tech and growth sectors in the US and Europe.
• ​India Macro & Economic Data: Domestic economic indicators signaled continued resilience, highlighted by cooling retail inflation figures and steady industrial output performance.
• ​Domestic Equities & Capital Flows: Indian benchmark indices maintained upward momentum, driven by widespread buying across IT, banking, and consumer sectors. Foreign Institutional Investor (FII) inflows turned net positive, supporting local bond yields and market stability.

Speaker:

Michelle Castellino

Investment Strategist

In this episode of Views from the Street, we feature Anupam Joshi from HDFC MF. Join us to hear the fixed income outlook for the year post the RBI MPC, covering growth-inflation dynamics, liquidity and bond demand-supply.

Speaker:

Anupam Joshi

Co-Head Fixed Income

HDFC Mutual Fund

Hosted by:

Shaily Gang

Chief Investment Strategist

Standard Chartered Bank India

In this episode of The Week That Was, our host Michelle Castilino covers key global and domestic financial updates:

​Global Developments: Major equity markets in the US, Eurozone, Japan, and China broke out of recent ranges, fueled by strong US corporate earnings and stabilizing oil prices as shipping routes opened in the Strait of Hormuz.

​India Macro Updates: The RBI maintained its repo rate at 5.25% with a neutral stance, revising FY27 growth expectations up to 6.7% while moderation was noted in July PMI figures.

​Domestic Markets & Bonds: Indian equities saw consecutive weekly gains led by the auto, capital goods, and metal sectors. Meanwhile, domestic bond yields declined following strong foreign capital inflows.

Speaker:

Michelle Castellino

Investment Strategist

The US Fed held rates in a 9:3 majority decision. Indian markets led a strong rebound for the week, with both the Nifty and Sensex up by over 2.5% for the week. Tune in for more.

Speaker:

Michelle Castellino

Investment Strategist

Renewed tensions between US and Iran, with the Houthis resuming a blockade on the Red Sea, sent oil prices soaring. This also brought pressure on markets, with headline and broader indices declining. Bith the Nifty and Sensex were down over 2% the last week. Tune in for more.

Speaker:

Michelle Castellino

Investment Strategist

Indian markets showed a steady rally the previous week, with the Nifty and Sensex up by 0.5% and 0.75% respectively, even as broader markets lagged. India macro data releases showed retail inflation rising for June. Tune in for further updates.

Speaker:

Michelle Castellino

Investment Strategist