Our current expectation is that rate increases will slow down and dissipate into early next year. The Fed is likely to find a juncture next year where pausing and assessing will be the right strategy. The Fed has already made a very strong statement to the markets and to corporates, and likely will have an impact in 2023.
Motilal Oswal initiates coverage on Adani Enterprises with Buy, sees 25% upside. Here’s why
Motilal Oswal has initiated coverage on Adani Enterprises with a Buy rating and a target price of Rs 3,880, implying 25% upside from the prevailing