Nifty is currently placed near the strong weekly support of around 16,800 levels, which is an intermediate ascending trend line and also horizontal line support as per change in polarity, analysts said.
Chicago Fed President Goolsbee rejects calls for Fed rate cuts to ease US debt burden
Chicago Fed President Austan Goolsbee rejected calls for interest-rate cuts to ease the US government’s debt burden, warning that such a move could fuel inflation