Apart from these, the other supply-side challenges induced by the war in Europe or drought in other parts of the world will also impact the prevailing inflation. Amidst this environment, where the chances of inflation remaining elevated throughout the year are high, central bankers across the globe face the daunting challenge of managing interest rates without sacrificing growth.
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Currently, we are also seeing that the Fibonacci golden ratio is also coming near 24,400 level. So, closing once Nifty gets above that level on