HomeNewsBusinessMarketsMarkets@Moneycontrol | No positive triggers for markets this week

Markets@Moneycontrol | No positive triggers for markets this week

US Fed cut rates but a hawkish commentary has indicated that this will not be followed with any further cuts, which spooked markets across the globe.

August 02, 2019 / 21:26 IST
Story continues below Advertisement

Benchmark indices Nifty and the Sensex broke below crucial levels in the absence of positive triggers either from the domestic earnings or from FII flows.

US Fed cut rates but a hawkish commentary has indicated that this will not be followed with any further cuts, which spooked markets across the globe. Going forward, earnings and macro triggers will continue to keep the street glued.

Story continues below Advertisement

Santosh Nair, Editor, Moneycontrol wraps the week's market action.

Watch the video for more.

Moneycontrol News
first published: Aug 2, 2019 09:26 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!