The Nifty reclaimed 17,900 in intraday trade on Tuesday but failed to hold on to the momentum and closed just above 17,800, which resulted in a small-bodied candle on the daily charts.Experts advise caution ahead of the Fed’s 2-day meeting starting today. The Street is expecting a rate hike of about 75 bps, but a jumbo 100 bps hike or a hawkish stance could lead to a knee-jerk reaction, they say.
D-Street gets a bit of momentum, don’t take it for long bounce
A recent rebound in benchmark indices has improved short-term market momentum, but it is not yet strong enough to signal a sustained bullish trend.The share
April 15, 2026