The Federal Reserve has reduced interest rates by a quarter percentage point, citing a cooling job market and progress in controlling inflation. Despite the positive economic indicators, the central bank acknowledges potential uncertainties tied to the recent presidential election.
Nifty rally not sustainable on few big names, broader participation essential: Rahul Ghose of Hedged.in
The December weekly closing formed a neutral candle, reflecting indecisiveness in the market due to the holiday season. Short-term support is around 23,200–23,300, with potential
December 29, 2024