Domestic market has been remained non-direction lately, particularly after the recent speeches of the US Federal Reserve Chairman presenting no clear signals of easing interest rates. In his latest speech, the Fed Chairman Jerome Powell stated stabilizing prices requires tough decisions that can be unpopular politically.
Meanwhile, the BSE Sensex and Nifty 50 are trading broadly in 2,000 points and 550 points, respectively. The BSE Sensex is trading in the range is 61,500 to 59,500 levels, while Nifty 50 has a range of 18,300 to 17,750.
The overall sentiment towards the market has remained indecisive and ambiguous, with market participants