BusinessPhoto: Mint MarketsUS Fed Holds Rates; RBI Hike May Impact Nifty Rally
The US Federal Reserve's decision to pause interest rate hikes provided temporary support to Indian equities. However, Emkay expects the Reserve Bank of India to raise rates by 75 basis points by February 2027. Elevated oil prices, inflation, and tighter domestic monetary policy could limit gains, making the Nifty's future performance uncertain.
Mint Markets·


