Indian Market in Minutes with Motilal Oswal

Market Rally Before US Fed Decision | Nifty & Bank Nifty Updates | 29th Jan, 2025

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In today’s episode, we break down the latest market movements as global rallies set the stage for a positive open on the Nifty and Bank Nifty. With the US Federal Reserve's key interest rate decision looming, we dive deep into actionable market insights and stock picks you can’t miss!

Welcome to today’s episode of your daily market update! The Nifty index opened with a strong gap-up, but profit booking took over by the end of the session. Despite this, the market closed above 22950, signaling a potential recovery if key levels hold. In today’s show, we discuss the global market trends and what they mean for your trading strategy.

Key takeaways include:

  • Nifty and Bank Nifty index breakdowns, highlighting key support and resistance zones.
  • A look at FII and DII activity, with a focus on the equity cash market and index options.
  • Actionable trading levels for Nifty and Bank Nifty based on derivative data.
  • Sector insights and stock recommendations: M&M Finance, Bank of India, and Maruti look strong, while stocks like Petronet and JSW Energy are showing weakness.

    • For traders looking for a clear strategy, we've got you covered with the latest levels to monitor.

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    Indian Market in Minutes with Motilal OswalBy Motilal Oswal