The dollar is stagnant after last week’s drop when the Federal Reserve hinted at the end of the U.S. rate increase cycle. The focus is now on U.S. inflation and bank lending data. Sterling is hovering just below an 11-month high and will be monitored ahead of the Bank of England rate increase on Thursday
Nifty faces stiff resistance near 25,100; sector rotation is key
Markets remain cautious below the 25100 resistance, vulnerable to corrections and volatility. Sector rotation, profit protection, and modest leverage are key amid shifting momentum across