Market Watch : Fed signals two more, after 25bps cut by Geojit Financial Services Ltd

Nifty Outlook
While yesterday’s sluggishness was expected, it did not lead to a drop, whose possibilities were discussed yesterday. This suggests that we would be heading into the 25400-600 region today without needing to dip, even though oscillators continue to show vulnerability. Downside marker may be pushed higher to 25280, but a slippage past 25200 could expose 24800.
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