Sensex jumps 300 points, Nifty above 18,100; all eyes on Fed
“Globally markets are looking forward to the Fed commentary after its meeting on November 1st and 2nd. A 75 bps hike in rates is already discounted by the market. If the Fed indicates moderation in rate hikes, going forward, markets would positively respond to that,” V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services said.
