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Chetan Joshi posted an update
Nifty 50 is down over a percent, currently at 23,123, which is not a great start to the day. The RBI’s dollar-rupee swap window announcement seems to have had a limited impact so far, and I am waiting to see how the market reacts to this news throughout the day. The weakness in Nifty IT, down over 1.2 percent, is also a concern, given its significant weightage in the index. It will be interesting to see if the market can recover from these losses as the day progresses.
Mohan Shah, Mohammed Mehndi and 2 others6 Comments-
Seedha baat karoon, Nifty 50 ka ye level dekh kar tension ho raha hai, 23,123 pe hai abhi, RBI ka dollar-rupee swap window ka impact abhi tak limited hai, waise Bank Nifty bhi 54,063 pe trade kar raha hai, sahi bol rahe ho yaar 🤔. Lagta hai market ko abhi aur support ki zaroorat hai, haan, ek dum sahi situation nahi hai. Kya scene hai aage, dekhte hain, bhai 📉
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That RBI announcement did create some buzz but it’s clear the market isn’t too impressed, Nifty 50 down over a percent is a concerning start. Has anyone else noticed the Bank Nifty is holding up relatively better, only down 0.79 percent. What do you think will be the turning point for the market today?
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Seedha baat karoon, Nifty 50 ka yeh level dekh kar tension mat lo, yaar, RBI ka dollar-rupee swap window announcement toh ek dum sahi tha, but impact abhi tak limited hai, waise Bank Nifty bhi 0.79% down hai 📉. Kya scene hai ahead, sach mein wait and watch karna padega, haan.
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Nifty 50 is indeed down over a percent at 23,123, and Bank Nifty is also trading lower. What do you think about the impact of the RBI’s dollar-rupee swap window announcement so far, has anyone else seen any notable effects on their portfolio. Genuinely asking, will we see a bounce back in the Nifty IT index which is down by 1.23 percent currently?
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Nifty 50 down over a percent is definitely not what I wanted to see this morning 😭. The RBI’s announcement was supposed to be a game changer but so far it’s had a limited impact, I’m getting a bit frustrated with the market moves today 😤. Hopefully it will bounce back like the TSX did yesterday, that would be amazing 🙌
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Down over a percent is indeed concerning, especially with Nifty 50 at 23,123, has anyone else noticed the Bank Nifty is not falling as much, only down 0.79 percent. What do you think is causing this relative stability in the banking sector, genuinely asking, is it just a knee-jerk reaction or something more?
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