HomeNewsBusinessMarketsWhy Nifty lost 600 points in 3 days ahead of US Fed decision, and how markets may move till next RBI MPC meet

Why Nifty lost 600 points in 3 days ahead of US Fed decision, and how markets may move till next RBI MPC meet

The recent market decline is driven by profit booking after a sharp 6-7 percent rally and investor caution ahead of the US Fed decision, with 24,000 on Nifty seen as a critical level for an upside bias.

Sensex, Nifty ahead of US Fed meet today: Why markets fell, where it may go

A 25 basis points rate cut by the US Fed is already priced in and could lead to sideways consolidation in Indian equities markets with a positive bias.

Shaleen Agrawal

first published: Dec 18, 2024 03:30 pm

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Why Nifty lost 600 points in 3 days ahead of US Fed decision, and how markets may move till next RBI MPC meet

The recent market decline is driven by profit booking after a sharp 6-7 percent rally and investor caution ahead of the US Fed decision, with 24,000 on Nifty seen as a critical level for an upside bias.

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