October 9, 2024

Nifty will be completely out of the woods only above 25300 mark.

*Review & Preview @4PM —— Wednesday, October 9th 2024* NIFTY (-31, 24982) Sensex (-168, 81467) Bank Nifty (-14, 51007) Nifty ends in red, giving up its strong intraday gains despite: 1) RBI changes stance to ‘neutral’ 2) This dovish move opens the door for rate cuts in December The good news however was that the […]

Nifty will be completely out of the woods only above 25300 mark. Read More »

# All the attention now turns on the RBI MPC policy outcome (10 am), FOMC Minutes and the Fedspeak.

*Morning Action @ 7 AM – Wednesday, October 9th 2024* # Gift Nifty is indicating a positive start and that’s in line with our call of the day which suggests that the risk appetite could come-back with a vengeance amidst a sharp drop in oil prices. # All the attention now turns on the RBI

# All the attention now turns on the RBI MPC policy outcome (10 am), FOMC Minutes and the Fedspeak. Read More »

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