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Last Updated : Sep 16, 2015 08:30 AM IST | Source: Moneycontrol.com

See volatility ahead of FOMC outcome

Today could be a very volatile day of trade. It is the last day before the Federal Open Market Committee (FOMC) policy outcomes comes in tomorrow in the evening.


Today could be a very volatile day of trade. It is the last day before the Federal Open Market Committee (FOMC) policy outcomes comes in tomorrow in the evening. Since we are not trading tomorrow all the positions could be taken today. Given that we have positive global cues, the Dow saw a triple digit rally; the markets could start on a positive footing. However, that may not last because this market is seeing selling at all higher levels.




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First Published on Sep 16, 2015 08:30 am
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