On Monday, the market was seen factoring in Powell’s remarks that the Fed policy will “cause some pain to households and businesses” and this is “the unfortunate costs of reducing inflation”.
Rajesh Palviya of Axis Securities suggests Nifty may consolidate between 24,800 and 25,000. Bank Nifty might range from 54,900 to 55,500. Chennai Petro and Coal
Vikas Khemani of Carnelian Asset Management remains optimistic about Indian markets, citing a strong domestic growth story and the resolution of major global uncertainties. While
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