
The US Federal Reserve maintained the federal funds target range at 3.75%-4%, providing temporary relief and pushing the Nifty 50 to an intra-day high of 22,908.75.
Brokerage Emkay expects the Reserve Bank of India to deliver 75 basis points of cumulative rate hikes in December 2026 and February 2027.
Analysts warned that tighter domestic monetary policy, high crude oil prices, and elevated US bond yields could increase market volatility and pressure emerging-market capital flows.