Family Man download the new version for windows

Markets will wait for the Fed chief’s message before taking a decisive turn,' said VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services. 'From the global perspective, tonight’s Fed message is important in setting the global market trend. 'The recent development could be seen as the sign of cool-off amidst overbought parameters,' added Sameet Chavan of Angel One.

The market trend could be a sign of bullish exhaustion, which would attract some price-wise correction post a sharp rally, Chavan said. The commentary will be closely tracked for clues to rate cut plans. The US Federal Reserve will later in the day share the outcome of its last policy review of 2023 in which it is expected to hold rate. 'Traders have opted to take money off the table ahead of the US FOMC outcome and stay light on positions,' said Sameet Chavan, Technical Analyst - Angel One. Market sentiment is currently to stay on “light” positions after a non-stop bull run. In recent weeks, the benchmarks have been on a record-breaking spree, with the Sensex hitting 70,000 after the Nifty scaled a new peak of 21,000.įollow live blog for all the market action 'If we see a decline of more than 1 percent, we can term it correction, this is just healthy for markets,' Shah said, advising investors to use every dip to buy stocks selectively.Īt 10.25 am, the BSE Sensex was trading 281 points, or 0.4 percent, to trade at 69,269, while the Nifty slipped 94 points or 0.4 percent, to 20,812 levels. Since December 8, Sensex and Nifty 50 have seen a fall of 0.4 percent. 'There is no reason to panic,' said Gaurang Shah, Senior Vice President at Geojit Financial Services. Equity benchmarks the Sensex and the Nifty 50 were trading low on December 13 as hot inflation prints in India and the US raised bets that the central banks would be in no hurry to ease interest rates and switch to a dovish stance.Īnalysts say the correction is “healthy” for markets, reading it as nothing but an “exhaustion” of bullish sentiment.

Family Man download the new version for windows