Indian shares edged higher on Friday, helped by gains in stocks of consumer goods companies.
Globally equity markets are likely to remain turbulent till the Fed meeting of 27th July, believe experts. The most likely policy action by the Fed would be a 75bp rate hike but even a 100 bp hike cannot be ruled out after the red hot June inflation print of 9.1%.
|NIFTY Midcap 100||28017||+0.77%|
|NIFTY Smallcap 100||8724||+0.34%|
|USD / INR||79.88|
“Each day of our lives we make deposits in the memory banks of our children.” ~ Charles R. Swindoll
Categories: Market Update
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