Financials and IT likely to lead next leg of rally in markets, says Roop Bhootra - Economic Times

The US Fed policy meet commentary was taken as dovish by markets, and the Feds emphasis of further hikes based on data helped improve sentiments as markets are pricing inflation coming down by the second half of this year. Now with the recent stance, markets…

Financials will participate in the next leg of the rally as credit growth is good and upcoming festive season augurs well, while IT is now trading at attractive valuations. Both being almost 50% in w… [+3196 chars]

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