Jajoo expects Fed rate cuts in July-August but points out that we are now dealing with a new development on the geopolitical front. Iran and Israel conflict news is coming and that will have impact on the energy prices, which will again impact the global supply chain. Therefore, the central banks will be a little watchful and RBI may cut the rate one or two times after the Fed starts the rate cut process.
Death Crossovers: These 5 stocks signal bearishness on March 17
In the Nifty500 pack, five stocks are witnessing Death Crossovers, according to stockedge.com’s technical scan data. The death cross is a technical indicator of bearishness.