Nifty is poised for new record highs if it surpasses 26,250-26,300, with support at 25,500-25,800. Analysts suggest upside targets of 26,500-27,200, but a dip below 26,000 could trigger selling. Tata Consumer is a top pick, alongside Shriram Finance, with bullish technical indicators supporting potential gains.
US Federal Reserve’s Anna Paulson sees scope for more interest rate hikes amid inflation risks
Philadelphia Federal Reserve President Anna Paulson indicated that additional interest rate hikes could be warranted to combat inflation. She stated that inflation remains persistently high,