While a surge in US bond yields has exerted upward pressure on OIS rates over the past month, market participants said that the heightened degree of vigilance about inflation expressed by the RBI on Friday had given traders reason to consider the possibility of more domestic monetary tightening.
Tech View: Nifty’s drop below 24,350 could trigger a slide to 24K in near term. How to trade tomorrow
Nifty’s trend remains weak, currently positioned near a critical support level on the weekly charts, suggesting a potential for an upside bounce from current or