ALSO READ: Analysts expect FII flows to Indian equities to pick up in H2
ALSO READ: Earnings growth will decide the pace of market recovery: Rajat Rajgarhia
ALSO READ: Market may be less sensitive to Fed meetings in H2CY22: Bernstein MD
What next?
- The Fed has left the door open for 25, 50, 75 or 100 bps rate hikes in its September policy review, say analysts
- A recent FOMC statement had downgraded its assessment of the economic situation
- Until inflation has come down to 2%, slashing policy rates to zero may not be an option
- Even if the valuation of the Indian markets has come off peak levels, India still trades at a premium to global peers
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