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So, I would say that we have actually a 12-years of a big bull market, means that people want to actually take a lot of risk in equity and they do not want to be in the safest parts of the market whether it is largecap or quality, that is why first we came up with a fund called
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The S&P 500 steadily added to gains from late morning, while investors took weak data in their stride. The University of Michigan Surveys of Consumers said its Consumer Sentiment Index slumped further in May while one-year inflation expectations surged to 7.3% from 6.5% last month.
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The brokerage said it cut its FY25 Profit after Tax (PAT) estimates by 22% due to this 6.74 billion reversal. It also slashed the FY26 and FY27 PAT estimates by 13%-17%, citing Net Interest Margin (NIM) compression and lower growth.
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