FED CHAIRMAN POWELL SPEECH HIGHLIGHTS

By earn August 25, 2023

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HAWKISH STATEMENT BY FED CHAIRMAN ON RATE HIKE

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INDIA Economic Event • FX Reserves, USD: Actual 641.59B Previous 637.92B • Industrial Production (YoY) (Mar): Actual 4.9% Previous 5.6% INDIA Economic Event • FX Reserves, USD: Actual 641.59B Previous 637.92B • Industrial Production (YoY) (Mar): Actual 4.9% Previous 5.6%

Gold June support 72220 resst 72788 Silver support 84880 resst 85781 Crude support 6580 Resst 6695 Gold June support 72220 resst 72788 Silver support 84880 resst 85781 Crude support 6580 Resst 6695

Indian benchmark indices gained amid volatility on May 10, and were trading up about 0.3 percent around noon. NSE Nifty 50 traded above 22,000, reclaiming the crucial level after the previous session’s loss. Sensex was up about 200 points, though off the day’s high. Nifty options data suggests heavy call writing at 22,350. Analysts said that the range for the coming few sessions could be between 21,820 on the downside and 22,090 on the upside. will see reversal today after 6 days fall Indian benchmark indices gained amid volatility on May 10, and were trading up about 0.3 percent around noon. NSE Nifty 50 traded above 22,000, reclaiming the crucial level after the previous session’s loss. Sensex was up about 200 points, though off the day’s high. Nifty options data suggests heavy call writing at 22,350. Analysts said that the range for the coming few sessions could be between 21,820 on the downside and 22,090 on the upside. will see reversal today after 6 days fall

Nifty and Bank Nifty will Close in Green and Short Covering will Take to 22230 Stocks to Buy Hdfc Bank, Coforge, Asian Paint Nifty and Bank Nifty will Close in Green and Short Covering will Take to 22230 Stocks to Buy Hdfc Bank, Coforge, Asian Paint

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