Nifty 50 opened with a positive bias due to Powell's rate hike commentary. Wall Street indices rose, with confidence in future U.S. rate cuts.

Amidst all this, there is one stock that has witnessed a breakout of cup & handle-like pattern. And what’s important is the fact that this stock belongs to the prestigious Tata Group! Moreover, the company has a good dividend track record and consistently declared dividends for the last five years.   

Interest rates appear to be steadily climbing since July 2020, causing debt portfolios to become red. Continue reading to learn about the debt funds to consider in the future.