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Nifty is back above 18,700 | US CPI eases to two-year low| Stocks in focus: Zydus Life, KEC International

Nifty50 was back above 18,700 and Sensex above the 63,000 mark. Broader markets continue to outshine. In terms of macro cues, US Inflation cooled-off to a two-year low, which could give direction to the Federal Reserve which will deliver its policy decision today. Market participants are hopeful for a pause in rate hike by Fed. Stacy Pereira discusses that with Anil Rego, Founder & CEO – Right Horizons & Shivangi Sarda, Analyst – Equity Derivatives & Technicals, Broking & Distribution, MOFS on Morning Trade.

first published: Jun 14, 2023 08:40 am

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