Pre Market Report: 14.Jun.2016 - Crucial for Nifty to hold 8000 amid global rout & weak macros
Cues to watch out will be the two-day US Fed meeting that begins today. Analysts are not expecting any action from the Federal Open Market Committee, but the central bank could tweak its view on the economy or make changes to its interest rate forecast, when it releases its statement and economic forecasts.
Though Nifty showed resilience amidst weak global cues recovering 50 points from day's lows yesterday it will be crucial to hold 8000 level on Tuesday. Analysts say negative global cues and domestic macro data may impact sentiment today. Cues to watch out will be the two-day US Fed meeting that begins today. Analysts are not expecting any action from the Federal Open Market Committee, but the central bank could tweak its view on the economy or make changes to its interest rate forecast, when it releases its statement and economic forecasts
Cues to watch out will be the two-day US Fed meeting that begins today. Analysts are not expecting any action from the Federal Open Market Committee, but the central bank could tweak its view on the economy or make changes to its interest rate forecast, when it releases its statement and economic forecasts.
Though Nifty showed resilience amidst weak global cues recovering 50 points from day's lows yesterday it will be crucial to hold 8000 level on Tuesday. Analysts say negative global cues and domestic macro data may impact sentiment today. Cues to watch out will be the two-day US Fed meeting that begins today. Analysts are not expecting any action from the Federal Open Market Committee, but the central bank could tweak its view on the economy or make changes to its interest rate forecast, when it releases its statement and economic forecasts
