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.
Buy on Dips: Rahul Sharma sees favorable risk-reward for long positions
Rahul Sharma from JM Financial Services suggests buying on dips as Nifty is poised for 24,000 and the risk-reward is favorable at 23,200-23,300. He also