So far in 2023, Nifty is down 2.8% amid selling by FIIs. However, ahead of the Union Budget 2023, brokerage firm Sharekhan by BNP Paribas is bullish on some stocks. The brokerage firm believes that stocks like Axis Bank, SBI and M&M will provide good opportunities to investors. Here is a list of 8 large and midcap stocks that can rally up to 36%, according to Sanjeev Hota, Head of Research, Sharekhan by BNP Paribas:
Fed rate hike ‘not urgent’, says John Williams; Austan Goolsbee warns against ‘playing with fire’
Federal Reserve Bank of New York President John Williams stated there could be one more interest rate increase before year-end. He emphasized that the central