Union Budget 2022: Markets continued to remain volatile and unsure of which direction they should move. Post the FED meeting what did become clear was the fact that interest rates would rise in March and that the rate of increase would be more than the customary 25 basis points. Various brokerage houses internationally have anticipated that there could be as many as 4-5 rate hikes in 2022. How many will finally happen is anybody's guess but the fact that easy money will become dearer is a certainty. This is probably why the FII's have been big sellers in Indian markets and are adjusting their portfolio ahead of the new stance that would happen post the tightening.from IndiaTV Business: Google News Feed https://ift.tt/MJf84ihBw
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