Foreign portfolio inflows and continued strength in global markets have aided sentiment in the wake of receding concerns over inflation. Investors are awaiting the minutes of US Federal Reserve’s late July rate-setting meeting due on Wednesday night to see if the market’s expectations on interest rates and inflation are in line with that of the US central bank
Dalal Street Week Ahead: Time to get cautious & defensive after Nifty’s swift runup
From a technical standpoint, the previous week has created a gap. In the process, the index has shifted its support zones higher in the range