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.
Big Movers on D-Street: What should investors do with Prince Pipes, M&M and ONGC
Indian equity markets began the week by rising due to the positive outlook in global markets and breakthroughs in US debt ceiling negotiations. The S&P