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"FED through its commentary has made markets believe that this interest rate upcycle may not last long contrary to what was estimated before. This may have positive implications on equities globally.- Siddarth Bhamre, Head of Research, Religare Broking"
<https://economictimes.indiatimes.com/markets/stocks/live-blog/bse-sensex-today-live-nifty-stock-market-updates-28-july-2022/liveblog/93174129.cms>