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Equity Market

28 Aug 2023

Sensex & Nifty expected to trade consolidated with a negative bias

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Global equity markets had a varied close following the recent address by the Fed chair at the Jackson Hole Symposium, which highlighted the possibility of additional interest rate hikes by the US Federal Reserve. In the coming week, investor focus will be on crucial data such as the US Non-Farm Payrolls (NFP) and Personal Consumption Expenditures (PCE), both of which could significantly impact the Federal Reserve's decisions in the lead-up to their September policy meeting

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C S S Nikhil Bhargav
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