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The surge in the Indian equity market continues. #nifty scaled new highs last week and has closed on a strong note. The outlook is bullish. There is room for the #nifty to move further higher and make more new highs.
#banknifty index has also risen well above its key resistance. It is also looking strong and bullish to rise more.
The #usfed #fomcmeeting outcome of Wednesday is going to be an important event to watch this week. That could set the path for the #dowjones
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Nifty and Bank Nifty Predictions (Dec 11-15, 2023) by BL GURU: Bullish Momentum Continues, Key Insights on US Fed FOMC Meeting and Dow Jones – BusinessLine
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