US federal bank’s meeting has been over and they will not increase rates in near term, and they will not increase rates in a bulk, they will increase rates partially
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Today nifty was open gap down at 8489.50, and for whole day it was in down phase due to rising crude prices and falling rupee, today was the expiry for March contracts as well
This week nifty ware trading below the previous week close and down for correction and profit booking. In fourth trading day nifty shown high volatility to take a high of 8838
Today nifty ware opens at 8805, then nifty ware continual down to 8757, after consolidate on this level, nifty ware immediate up to 8838.85, to take correction of 63 points at 8775
Turmeric futures are likely to lower made low of 8422 level as profit booking is progressing in the NCDEX platform and finally closed lower around 8490 levels.
The 30-share BSE Sensex crashed 937.71 points or 3.6 percent to 25024.35 and the 50-share NSE Nifty closed below the 7500 level, down 292 points or 3.8 percent to 7459.60 after hitting weekly low of 7447.20