Janet Yellen hasn‘t yet come out and spoken about a possibility of September hike but in case Fed hikes in September then it will be taken as a big negative at least for few weeks, said Manish Kabra of BoA-ML Global Research.
Guy Stear of Societe Generale CIB gives his views on the uptick seen in the global markets
Speaking to CNBC-TV18, Guy Stear of Societe Generale CIB says India‘s problem is that Fed‘s interest rate cut and a stronger dollar would raise questions on the ability of companies paying back in dollars.