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.
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Indian market anticipates a positive trading session on Tuesday. This is due to encouraging global signals. Nifty futures saw a dip on Monday. Volatility increased