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    Vikshita Vitthal Gujaran in News

    18-Nov-2022 06:14 AM


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    Sensex Recovers To Gain Over 100 Points, But Risks Remain

    Stock Market India: Sensex, Nifty open in the green Indian equity benchmarks recovered to post gains on Friday after falling sharpy in the previous session, but risks point to downside for global stocks after warnings from Federal Reserve policymakers on interest rates.
    Both benchmarks had crashed in the previous session.
    Therefore, the market is likely to meander around the current levels...Also, there is no trigger to push the market decisively into sharp correction territory.
    Treasury yields retained gains across the curve during morning trading in Asia after the previous day's spike when St. Louis Fed President James Bullard stated higher rate peak is warranted to deter inflation and warned of future financial strain.
    “The market believes that inflation is on the down trend.

    Source - NDTV
    #stock #stockmarket #market #shares #sensex #nifty