Equity strategist Kranthi Bathini of Wealth Mills Securities opines that the impact of Fed meet’s outcome would be relatively less on India. “We are in a better position fundamentally. We never had zero interest rates and no ultra-loose monetary policies to trouble us. Fed rate hikes impact us as well but to a lesser extent,” he said.
Borana Weaves IPO Day 2: After strong investor response, GMP soars to 28%. Check subscription
Borana Weaves’ IPO continued to attract strong interest on Day 2, with overall subscription reaching 8.5 times and the retail portion booked 25 times. The