Despite penetrating the 19620 region which had so far thwarted several downside attempts, the swing higher towards close on Friday is very encouraging, having bounced off 20d SMA.
In the five trading sessions leading up to September 20, the Sensex rose approximately 2%, closing at 84,544, with gains noted in four sessions. In
The long-awaited 50 bps rate cut by the Federal Reserve has finally happened, with the Fed hinting at further reductions in 2024, 2025, and 2026.
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