The Financial Buddy’s monthly markets digest — one issue, one throughline, on the first of every month.
A Hormuz-driven oil spike and the Fed's first rate hike since 2023 hit India at the same time in September 2026, driving Rs 44,013 crore of foreign selling, pushing the rupee past 96 and sending the Nifty down 6.1%.
A Treasury bond buyback revived the 'debasement trade' and sent gold and silver soaring in August — until a hawkish Fed Chair and a Strait of Hormuz oil shock reversed course and put rate hikes back on the table.
