This week we saw the U.S. Federal Reserve increasing the key rates by 50 basis points and just one day before the Reserve Bank of India, in an unexpected and shocking way, also announced a 40 bps hike.
The Indian central bank sent the markets deep into the red, while the U.S. Fed delivered as per the market expectations.
Editorji speaks to Sanket Kapoor, Managing Partner at Flexi Capital, and discusses the rate hikes, inflation, and the way forward for the stock markets, global and domestic.