Meanwhile, JM Financial and Nuvama retain their buy rating on the latter, after the company approved acquisition of shares of a chemical company.
The Federal Reserve increased interest rates for the first time in over three years. Policymakers anticipate at least one more quarter-percentage-point hike by year-end. Shorter-dated
The Federal Reserve increased interest rates by 0.25 percent. This action was driven by a strengthening US economy and rising inflation. Domestic spending remains resilient
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