Markets are back to trade today after Tuesday’s holiday on account of Ganesh Chaturthi. Monday was a tepid day of trade as the Nifty 50 ended lower only for the second time this month.
Even as it did end lower, it managed to hold 20,100 on the downside. That will be one of the key levels to watch today. The Nifty Bank will be in focus ahead of its revised weekly options expiry. The index closed below 46,000 on Monday as multiple attempts to test its previous record of 46,369 met hurdles at higher levels. All eyes will be on the US Federal Reserve’s interest rate decision tonight but India has plenty of its own issues to ponder over. We’ll keep you up to speed with all the updates.
