So, markets are pricing in a 50bp rate hike in the next Fed meeting on March 21-22. NIFTY 50 Index Chart and Quotes TradingView 17754.40 INR +42.95 +0.24 See more on advanced chart Markets Indices Nifty 50 Index NIFTY NIFTY NSE See more on advanced chart 17754.40 INR +42.95 (+0.24) Market Closed (as of Mar 8, 15:29 GMT+5:30) 17711.45 Prev 17665.75 Open 267.041M Volume 17602.25 17766. It is an index that represents the average of 50 of the largest Indian companies listed on the National. The latest negative factor, from the market perspective, is the Fed chief Powell’s comment that “the ultimate level of interest rate is likely to be higher than previously anticipated”. Nifty 50 is the benchmark in the Indian Stock Market.
This see-saw movement appears likely to persist for some more time.
The disinflation trend pushed the markets up while data indicating a strong economy and tight labour market pulled the markets down. This data has not been consistent and, therefore, the markets have been volatile responding to alternate bouts of positive and negative news. 6.9 -0.72 Punjab National Bank 51.78 4.06 UCO Bank 28.01 7.94 Home / Markets / Stock Markets / NSE rejigs indices, excludes 4 Adani stocks from Nifty Alpha 50 index. “The dominant trigger pushing the global equity markets up or down this year has been the economic data from the mother market US.
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