3 reasons why the stock market is rallying in spite of a hawkish Fed - Economic Times

Even though the correction in Nifty by 15% from the peak had cooled valuations a bit, the recent recovery has again pushed the valuations up. Therefore, investors should prefer value to growth in these times of uncertainty. Preference for value over growth is…

Federal Reserves rate hike of 25 basis points was on expected lines, but the projection of another six rate hikes this year to take the rate to 1.75 to 2 per cent by the end of 2022 was not completel… [+2557 chars]

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