Even though some jitters persisted ahead of the FOMC meet, analysts remain positive of the bullish momentum taking the Nifty and Sensex to fresh record highs in the coming sessions.
This week, market participants will keenly track US Federal Reserve's policy decision and its stance on rate cut trajectory. This will further shape market movements in the near-term, believe analysts
Financial stocks were under pressure dragged down by Kotak Mahindra Bank, while consumer stocks fell on an earnings miss from heavyweight Hindustan Unilever
Learn how to trade Apollo Hospital and Bharti Airtel in the F&O market based on technical and derivative analysis. Apollo Hospitals shows a bearish trend while Bharti Airtel exhibits a bullish momentum.
Going by expectations of high volatility, analysts suggest investors to use any rise as an opportunity to go short and refrain from turning aggressive with their bets.