Now, the possibility of a third interest rate increase in four months looms larger than ever as the country's battle with inflation and weak economic growth just got more challenging.
So with the macro woes making a comeback, which are the stocks that one can possibly buy or hold on to, to tide this downward trend.
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Mudit Goyal, technical analyst at SMC Global lists out some stocks from the frontline and the broader markets where one can go long. Also, check out what he has to say on the levels to watch out for on the Nifty in the near term.