Short Overview: Overall market sentiment remains benign, except for companies that reported disappointing results. Nifty may bounce back in-line with global peers as Federal Reserve maintains a dovish stance.
Trade Setup 18 August 2021 -
Overall market sentiment remains benign, except for companies that reported disappointing results. Nifty may bounce back in-line with global peers as Federal Reserve maintains a dovish stance. Joe Biden's inauguration and key central banks' meet across the world will set markets' tone.
Important details found
- Overall market sentiment remains benign, except for companies that reported disappointing results.
- Nifty may bounce back in-line with global peers as Federal Reserve maintains a dovish stance.
- Joe Biden's inauguration and key central banks' meet across the world will set markets' tone.
- Imperative for private banks to start participating for a further leg-up for the rally.
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