Description
The US Federal Reserve is in focus next week, as uncertainty swirls over how much the U.S. central bank will cut interest rates at its monetary policy meeting on Sept 18 and the pace at which it will reduce borrowing costs in coming months. Short term trend of the Nifty remains bullish. Resistance for the Nifty is now seen at 25527, which is derived from Fibonacci extension levels. On the lower side, 24885 is expected to act as a support for Nifty. The coming week could see the Nifty picking a sustainable trend after the outcome of the US Fed meet.
US Stocks Hit Record High on Israel Cease-Fire Deal
US equity markets surged to all-time highs as investors looked past Donald Trump’s tariff plan, with geopolitical risks
abating after Israel and Hezbollah reached a cease-fire agreement.
Wall Street posted its seventh straight winning session...
Published 11/27/24
The Dow Jones Industrial Average logged a record close on Monday, as U.S. Treasury bonds saw their biggest rally in nearly four months after President-elect Donald Trump selected Scott Bessent as his nominee for Treasury secretary.
U.S. President-elect Donald Trump said on Monday that on his...
Published 11/26/24