This could well be one of the most important weeks for our market because this is a week, which may well establish a trend for the market.
This could well be one of the most important weeks for our market because this is a week, which may well establish a trend for the market -- not today of course but on Friday. Keep in mind that the all important Federal Open Market Committee (FOMC) meeting takes place this week on Wednesday and Thursday. On Thursday the Indian market is close, so in Thursday's trade in the second half, we won't be able to build any anticipation for what may happen from the Fed. So it is going to be quite interesting.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.
First Published on Sep 14, 2015 08:22 am