![]() In the near-term investors may adopt a twin strategy of opting for attractive fixed income returns with incremental investable funds while continuing to buy high quality stocks on market weakness.”- V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services. NIFTY 50 (NSE), Live NIFTY 50, NIFTY 50 India - The Economic Times Business News Markets Stocks NIFTY 50 NIFTY 50 CLOSED 4:00 PM 17711.45 117.1 (0.67) Trend 06 Mar'23 Open 17680.35 Prev. So, markets are pricing in a 50bp rate hike in the next Fed meeting on March 21-22. ![]() The latest negative factor, from the market perspective, is the Fed chief Powell’s comment that “the ultimate level of interest rate is likely to be higher than previously anticipated”. This see-saw movement appears likely to persist for some more time. The disinflation trend pushed the markets up while data indicating a strong economy and tight labour market pulled the markets down. This data has not been consistent and, therefore, the markets have been volatile responding to alternate bouts of positive and negative news. NIFTY 50 Index Chart and Quotes TradingView India 17754.40 INR +42.95 +0.24 See more on advanced chart Markets Indices Nifty 50 Index NIFTY NIFTY NSE See more on advanced chart 17754.40 INR +42.95 (+0.24) Market Closed (as of Mar 8, 15:29 GMT+5:30) 17711.45 Prev 17665.75 Open 267.003M Volume 17602.25 17766. ![]() “The dominant trigger pushing the global equity markets up or down this year has been the economic data from the mother market US. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |