Stocks to watch today: The Indian equity markets are likely to open on a positive note after the US Federal Reserve raised interest rates in-line with street estimates, up 75 basis points for the second straight month. At 7:20 AM, the SGX Nifty Futures quoted 16,760 levels, up 119-odd points on the Nifty50.
Globally, the US markets witnessed a sharp rally on Wednesday after Fed Chairman Jerome Powell relieved investors about the pace of rate hikes. Dow Jones rallied over 400 points to 1.3 per cent, while the S&P 500 climbed 2.6 per cent, and NASDAQ Composite jumped 4.06 per