The Global Market is in sell off mode since the beginning of the year and still on suffered in early days The BSE Sensex and the NSE Nifty have already crawled into the bear zone.
The upcoming event Federal Reserve policy predicted gradually raising rates as soon as March, these significant positive cues support and more liquidity for markets.
After the comment of Fed Chair Janet Yellen the market in india recover from their day’s low levels in their last session and even the major equity benchmark briefly touched green numbers before closing as the Sensex ended the day at 22,986.12, up 34.29 points or 0.15 per cent while the Nifty closed at 6,980.95, up 4.60 points or 0.07 per cent.