Analysts said that the Fed statement may acknowledge waning of the growth momentum, but the Fed Chair Jerome Powell may signal the central bank’s focus on inflation during the press conference. He may hint at additional rate increases, analysts feared.
Stocks to buy: IndusInd Bank, PC Jewellers and Mold-Tek on investors’ radar
Sensex closed marginally down in a volatile session as IndusInd Bank fell 27% due to selling pressure, while PC Jewellers rose 0.8% and Mold-Tek increased