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π THE BUDGET DIDNβT GIVE MUCH MOMENTUM OR CLEAR DIRECTION TO THE MARKET.
π RIGHT NOW, GLOBAL MARKETS ARE MOVING MAINLY ON NEWS-DRIVEN FACTORS.
π A FRESH UPSIDE IS POSSIBLE ONLY IF WE SEE A SUSTAINED MOVE ABOVE 23,800.
β οΈ ANY HIGH OPENING MAY INVITE SELLERS AS LONG AS WE STAY BELOW 23,600-23800.
π RIGHT NOW, GLOBAL MARKETS ARE MOVING MAINLY ON NEWS-DRIVEN FACTORS.
π A FRESH UPSIDE IS POSSIBLE ONLY IF WE SEE A SUSTAINED MOVE ABOVE 23,800.
β οΈ ANY HIGH OPENING MAY INVITE SELLERS AS LONG AS WE STAY BELOW 23,600-23800.
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RBI Monetary Policy Update at 10 AM
β’ A 25 bps rate cut is expected.
β’ Repo rate has remained at 6.50% since Feb 8, 2023.
β’ This could be the most crucial RBI meeting in the last two years.
β’ A rate cut might boost liquidity and bring market optimism in the coming months.
β’ Future rate cut projections & commentary will be key in shaping the market trend.
Letβs see how it unfolds! π€π»
#RBIPolicy
β’ A 25 bps rate cut is expected.
β’ Repo rate has remained at 6.50% since Feb 8, 2023.
β’ This could be the most crucial RBI meeting in the last two years.
β’ A rate cut might boost liquidity and bring market optimism in the coming months.
β’ Future rate cut projections & commentary will be key in shaping the market trend.
Letβs see how it unfolds! π€π»
#RBIPolicy
βοΈ Details & Conditions βοΈ
βοΈ @Geeksofniftyteam
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