Stocks such as HCL Tech, Coforge, Indian Oil, Reliance Industries, DLF, Godrej Properties, Bharti Airtel, Grasim, HDFC Bank, BEL, Abbott, CEAT, Navin Fluorine, and Bharat Dynamics are expected to show relative outperformance.
Wall Street experienced a sharp decline as the Federal Reserve maintained interest rates. AI-related chip stocks also saw further losses ahead of key earnings reports.
Federal Reserve Chairman Kevin Warsh stressed commitment to the 2% inflation target. He clarified there is no implicit inflation target above this for the committee
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