TC Mathew

Federal Reserve's rate-cut decision is expected tomorrow night, which could impact future market movements; India's inflation and trade data are expected today

After opening with modest gains, the market indices gradually climbed to record levels

Despite Friday's marginal decline, traders expect to gain on Monday; focus on the US Fed's decision on rates; gold updates all previous records.

The Sensex fell to 82,653, while the Nifty touched 25,292 in early trade before recovering some losses.

Record highs bring profit-taking pressure; foreign funds remain major buyers; hopes rise on rate cuts; crude, metals, and gold surge

Midcap and smallcap stocks showed strength and traded higher.

India’s retail inflation data for August is expected later today; estimates point to a figure below 3.5%.

Volatility after an Initial Decline, Markets Rebound

The formation of a white candle on the daily chart, coupled with the index closing above the previous day's level, indicates continued bullish sentiment.

Crude oil prices fell below $70, signalling a potential slowdown in global economic growth, which is not a positive sign for the markets.