The most crucial event in the forthcoming week is the US Fed meeting outcome on September 21, ahead of which global markets are expected to witness heightened volatility. Hence, traders are advised to take hedged bets with appropriate position sizing, keeping leverage in check.
Nifty Pharma, 4 others hit 52-week high since Iran war while Nifty fell 7%. Will the form continue?
Despite a challenging market backdrop fueled by geopolitical tensions and foreign fund outflows, five Indian sectors—Pharma, Energy, Defence, Capital Markets, and Metals—are showing remarkable strength.