Data signaling strength in the U.S. economy has prompted traders to bet on a 75-basis-point interest rate hike by the Fed later this month. Fed fund futures implied investors were pricing in a more than 76% chance of such a move.
Indian equities tracking positive global cues ended higher on the last trading day of the week. Nifty at the close edged higher by 0.25% to
Brokerage firm Axis Securities is positive on a few large and midcap stocks, which can rally up to 23% in 2023. The brokerage believes the
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