Saturday, September 7, 2024

Will Nifty get rid of Friday’s scar? Watch out for these 7 factors

The Sensex ended a three-week winning streak with a 1.5% loss amid weak global cues and lack of favorable domestic news. Key factors to watch this week include Fed rate cut hopes, IPOs, crude oil rates, FII activity, global macroeconomic data, inflation data, and technical support levels for the Nifty index.

from Economic Times https://ift.tt/xAEZesk

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RBI holds repo rate, flags supply chain risks to inflation & growth

The Reserve Bank of India maintained its key policy rate at 5.25% due to ongoing West Asia tensions, warning of supply chain disruptions imp...