“They stayed hawkish, but they also opened the door perhaps for a half of a percentage point hike in September as opposed to 75,” said Peter Cardillo, chief market economist at Spartan Capital Securities in New York.
The Indian market is expected to trade higher on Wednesday, following positive global cues. The Nifty50 closed 378 points up at 23,739 on Tuesday, with
Titan’s stock dropped by 2.4% as the company reported a slight dip in Q3 net profit, despite a 25% YoY increase in total income. The
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