Indian market bounced back but Nifty50 could face some resistance above 17700-17750 levels, suggest experts. Indian benchmark indices underperformed the broader indices on Wednesday. We expect current volatility to persist as investors are cautious regarding another 75bps rate hike by the US Fed, Mohit Nigam, Head – PMS, Hem Securities, said.
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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