Nifty bulls staged a decent show to end, both the day and the week in green. Will the bulls come back from the bullpen next week or are today’s gains just a relief rally in the ongoing consolidation phase?
After three consecutive days of losses, the Nifty is back in the green. A follow-through from bulls is required to make today’s gain meaningful. Let’s see what tomorrow brings?
More curbs, rate hikes, export bans and duty exemptions announced to fight inflation. Is this enough to tame the inflation or is it too little too late ?
With rising inflation, ongoing geopolitical issues and supply side bottlenecks, the interest rate hike in the next MPC meeting is now a done-deal. Is there any clear and visible market trend in the daily swings?
Whether the interest rate hike, reduction in fuel tax and levy of export duty on steel products is enough to ease the inflation or is it too little too late for the Nifty bulls?