NSE data showed the heaviest fresh call writing on SBI’s 1,000 strike on Monday, signalling that investors expect any near-term rebound in the stock’s price to likely be capped at that level.
Wall Street experienced a sharp decline as the Federal Reserve maintained interest rates. AI-related chip stocks also saw further losses ahead of key earnings reports.
Federal Reserve Chairman Kevin Warsh stressed commitment to the 2% inflation target. He clarified there is no implicit inflation target above this for the committee
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