New Delhi, Oct. 8 -- After the 25 bps Repo Rate hike at the RBI MPC on Wednesday, the market is expecting further monetary tightening in the near term. The global investment bank has raised its monetary tightening target in India from 50 bps to 75-100 bps. Indian experts also expect at least two more rate hikes in FY27. As monetary tightening is expected to put equities under pressure and raise government-backed bond yields, a smart investor is expected to rejig their portfolio and increase exposure to assets that are expected to generate more wealth for them.

According to market experts, the Indian stock market is about to hit bottom. However, they also predicted that the bottom won't be made unless the Nifty 50 index dips below 22,000....