India's Q2 GDP surged to 7.6%, leading the RBI to raise FY24 GDP forecast to 7%. Caution prevails in the crowded equity market, while government bonds remain steady. The INR is stable, but caution is advised. RBI's risk weightages may impact banks. Federal Reserve holds 5.25%-5.5% rate, signaling 2024 cuts. Read the full outlook below.
Authors:
- Naresh Bulchandani, CFA, CAIA - Head Products & Advisory
Download the full presentation here
