Rupak De, Senior Technical Analyst at LKP Securities, anticipates Nifty may end January with a loss, marking a fourth consecutive month of correction, a rare event in 23 years. With major events like the budget ahead, non-directional strategies are recommended. He suggests buying Britannia, Macrotech, and InfoEdge in the budget week.
Fed’s Waller, leaning against March cut, sees easings later in year
Federal Reserve Governor Christopher Waller opposes a rate cut at the upcoming policy meeting. He suggests future cuts are possible if inflation pressures decrease. Waller