So, we feel there is a strong case for a pullback, for a bounce back from these levels. Whether the bounce back translates into a reversal or not, only time will tell but we feel that 23,200, the risk reward is fairly favourable for fresh investments, for fresh entries and I think this is an area where one can look to add on to the names which are available at a bargain list.
US inflation tops 4% for first time in three years, keeping Fed hike in play
US inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve’s interest rate hike plans on the table for September.
June 25, 2026