Bellwether indices once again head northward, but face key hurdle ahead

The rally in crude oil price to $58 in the initial part of the prior week kept global markets volatile, ahead of the Fed meeting.But the meeting eased selling-pressure on the domestic indices in the latter part of the previous week. The Fed raised rates by a quarter basis point and indicated three rate hikes in 2018. The highlight of the meeting was the increase in GDP growth estimate for the US ...