Quote on Market by by Mr. Vikram Kasat, Head - Advisory, PL Capital
Below the Quote on Market by by Mr. Vikram Kasat, Head - Advisory, PL Capital
“Cue the Cuts US Markets are gearing up for a big day as the Federal Reserve takes center stage. Policymakers have largely telegraphed their caution to the point that the exciting aspects of the event likely proceeded the meeting itself.
It could to be a brief pause in the market’s rally before the Fed delivers a boost in the form of a rate cut.
Dollar Index at 96.61, Dollar sinks to 4-year low vs euro ahead of Fed rate decision
Nifty 25239.10
Nifty rose higher and closed around its important resistance of 25250 40 HEMA: 25050 important support level”
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