Another wild card: the fitful negotiations in Washington over raising the debt limit to avoid a potentially catastrophic default as soon as next month that would almost certainly alter the Fed’s path.
From 29,300 to 24,900: Nomura slashes Nifty target, says another 5% correction possible! Here’s why
Nomura has cut its Nifty target by 15% to 24,900, warning of a further 5% downside amid geopolitical tensions, rising oil prices and weakening flows.