“We believe every decline in the market is likely to present a good opportunity as strong earnings rollover to FY26E will make the markets more attractive compared to the long-term averages, setting the goal post for NIFTY50 to scale to 22000+ over the next one year,” Reliance Securities said.
Fed’s Hammack would prefer tighter policy given too high inflation
Cleveland Fed President Beth Hammack believes monetary policy should be tighter. She feels current interest rates are around neutral. Hammack would prefer a more restrictive