The index has created a very well-defined trading range for itself at the moment and continues to stay within the defined boundaries. Markets witnessed mixed trends throughout the previous week. It stayed quite ranged and the trading range too remained narrow as the Nifty oscillated in a 330-point range in the past five sessions.
NY Fed’s John Williams flags need to gather more information on inflation risks before rate decisions
Federal Reserve officials John Williams and Alberto Musalem have flagged persistent inflation risks, with rapid AI infrastructure investment potentially adding to price pressures. Williams backed