Equity strategist Kranthi Bathini of Wealth Mills Securities opines that the impact of Fed meet’s outcome would be relatively less on India. “We are in a better position fundamentally. We never had zero interest rates and no ultra-loose monetary policies to trouble us. Fed rate hikes impact us as well but to a lesser extent,” he said.
India equity surge brightens outlook for exchanges, brokerages
India’s equity market is witnessing a vibrant revival, boosting earnings prospects for brokerages and exchanges. A surge in trading activity, spurred by favorable market dynamics