While waiting for US Fed news, the Nifty slides 42 points. Inflation data and the outcome of the US Fed meeting will be the market movers.
Inflation data spooked bulls today. Is this the start of a new era of high-inflation and high-interest rates?
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?
Nifty fell for the fifth week in a row. Is this because of the global downturn? Will the bulls come back next week and stage a claim?