What are the possible impact of fed rate change on banknifty…
500 points down if hike comes and hawkish comments… Upside not yet decided by fii
Any event is build up or down till the event and opposite after the event.
fed thing or any other global events won’t matter much after DEMO. DII pumping more money than FII now. Lot of money flowing in to equities through SIP. Also EPFO is also investing in equities. All this will negate the effect of Global Negative Events. Dips can be used for buying.