Wednesday's so-called dot plot of projections showed nine of the 18 FOMC members expect a rate increase in 2022.
China's Evergrande effect will need to be monitored as its collapse can lead to some negative ripple effects
If the Nifty breaches 17,250 on the downside then one could even see 16,500 on the index
Investors were cautious ahead of the Federal Reserve's decision on interest rates and release of economic forecasts on Wednesday.
Rahul Shah of MOFSL spoke to Money9 and shared insights on factors investors should keep in mind while investing in the current markets
Amid volatility it is best for investors to have a stock specific approach and use dips to buy as the underlying bull trend remains intact
Asian stocks traded lower on Tuesday as investors continue to monitor the situation surrounding embattled developer China Evergrande Group.
Investors must use dips to buy into quality stocks in the current market scenario, she told Money9 on the Market Meter show.
"The underlying bullish trend remains in the markets as the after the sharp gap-down we did see markets recover"
Markets in mainland China, Japan and South Korea are closed on Monday for holidays.