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21 Aug 2023

Negative global cues would cap short-term gains for Sensex & Nifty

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Weak June domestic industrial production, unexpected rise in CPI inflation, potential Fed rate hike, and China's economic slowdown dampened market sentiment. Sensex & Nifty likely to witness selling pressure, however RBI policy meeting minutes and Fed Chair speech at Jackson Hole Symposium will grab the spotlight in the coming week.

author dp
C S S Nikhil Bhargav
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