Index View & Sentiment

“Market rebounds after Fed cut – what it means for your portfolio?” Content: Indian equity indices snapped a 3-day losing streak today, with Sensex up around 400+ points and Nifty back near the 25,900 zone, supported by broad-based buying across most ***** The rebound comes after the US Federal Reserve delivered a 25 bps rate cut, improving global risk sentiment and triggering fresh buying in autos, metals and ***** For short-term traders, this kind of strong up day after a 3-day decline often acts as a sentiment reset; sustaining above today’s highs on Nifty can keep the door open for a further upside swing, while today’s low becomes an immediate reference support.