Tracking the momentum, experts see Nifty50 inching towards 18000 levels in the next few sessions. “We believe further buying will enable the indices to come out of this consolidation range and can take the indices towards crucial levels of 18000,” Mohit Nigam, Head – PMS, Hem Securities, said.
Dollar jumps as Fed holds rates but projects one hike later this year
The dollar strengthened as the Federal Reserve held interest rates steady but signaled a potential hike later this year, with policymakers raising inflation projections. New