Yeln Janet's speech was the first Indian stock market sell-off mood.
Nifty slipped below the 8580 close, the Sensex has slipped more than
50 points. The Fed Chairman's statement before the global market is
visible in the mood to wait and watch. The world's eyes are fixed on
Jackson Hole. Today's statement by Fed chairperson of this idea that
the Fed will raise rates in September or in December.
The Sensex had lost 140 points today, the Nifty was missing about 50
points lower. Sensex had tanked by 27697 other hand Nifty was broken
8547.5. Up until today in the index was knocked 27935.88, and the
Nifty was up by 8623. The Sensex finally closed around 27780, while
the Nifty closed at 8570.
Investment Ideas
Buy JUSTDIAL future above 503 targets 508, 513, 518 Stop loss 497.
Buy UBL Future above targets 838, 847, 854 Stop Loss 816.