The US Federal Reserve’s 0.25% interest rate increase was expected and paved the way for India’s reserve bank to take a measured approach to policy-making, according to analysts. Edelweiss mutual fund’s Managing Director and Chief Executive Radhika Gupta said the Fed statement permitted the potential for more rate hikes, but the Indian economy currently didn’t need further increases.
Stocks to Buy | 2 top stock recommendations from Aditya Arora
Markets are showing impressive performance with FMCG and Metal sectors leading the way. Aditya Arora of Adlytick highlights Hindustan Unilever and Emami as promising stocks