Perspective on Markets 09th September 2025 by Mr. Vikram Kasat, Head - Advisory, PL Capital
Below the Perspective on Markets 09th September 2025 by Mr. Vikram Kasat, Head - Advisory, PL Capital
“US Stocks had a good Monday, with key inflation and job data on tap in the coming days. If it is higher than expected, this week's August CPI report could help undo some of the probabilistic shift toward a 50 basis point cut in the Fed Funds rate target on September 17. I expect that the Fed will cut by 25 basis points and leave the door open to another quarter-point cut before the end of the year.
Nifty 24773.15
On the hourly chart, Nifty is forming higher tops, higher bottoms. Resistance zone 24980 - 25000
Breaking above this resistance zone will give the upper hand to the bulls”
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