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

Nifty technical outlook based on the market closing on Monday, September 16

The Nifty ended the session with a 0.11% gain at 25,383 points; the Sensex ended with a 0.12% gain at 82,988 points.

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.

However, the formation of a black candle on the daily chart and the close below the previous day's level signal a potential consolidation phase.

The prospect of a Fed rate cut and the realisation that missing out on the Indian market would be a bad strategy were two major factors.

The transactions took place between 2017 and 2023 when Ms Buch was a whole-time member of the SEBI and then its chairperson, the Congress claimed.

“Kalyan’s stock price has risen 8x in the past two years as the business model successfully transformed through the capital-light franchise model," says HSBC Securities.

As the indices decline, mid- and-small caps outperform; Kalyan Jewellers stock jumps over 7% and hits a new record high for the third da day in a row