Yesterday was relatively a unique occurance when it comes to 2022 in a sense that nifty and stocks fell without any local trigger and strongly followed global cues.
Global cues esp which have been more or less weak throughout the year saw one more evening of broad based selling as US and European markets cracked 3-3.5% based on hawkish commentary by both the respective central banks.
What needs to be seen now is…how will nifty n other main indices behave as we will be heading towards year ending holiday season when volumes are usually low followed by
Q3 earnings season and lead-up to budget.
What do you think will be the broad range for nifty till the budget?
- 17500-18000
- 18000-18500
- 18500-19000
- Above 19000
- Below 17500
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