The Nifty reclaimed 17,900 in intraday trade on Tuesday but failed to hold on to the momentum and closed just above 17,800, which resulted in a small-bodied candle on the daily charts.Experts advise caution ahead of the Fed’s 2-day meeting starting today. The Street is expecting a rate hike of about 75 bps, but a jumbo 100 bps hike or a hawkish stance could lead to a knee-jerk reaction, they say.
Mid- to high-teens earnings growth for next 2 years likely: Shibani Sircar Kurian
Shibani Sircar Kurian of Kotak Mahindra AMC provides insights on Nifty valuations, earnings stability, sector-specific investments, and market volatility. The analysis covers strong Nifty valuations