Sensex and Nifty are preparing for a quiet session. The market is uncertain whether volatility will dominate or if there will be a bull run. According to a Morgan Stanley report, the Indian market has replaced China and is now the 6th largest MSCI market globally. The trade data for August in India has been revised, revealing a record high in imports. As a result, the trade deficit has widened to $29.65 billion. In contrast, exports in August declined from 2023. The US markets are keeping an eye on the outcome of the FOMC meeting, while Wall Street experienced a lackluster trading session with a potential 50 BPS rate cut.
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24 сен 2024
