Last Week in 60 Seconds
Nifty had a rollercoaster week. Early days were gloomy — markets dipped to 23,070 as traders fretted about Middle East tensions and rising oil prices. Then Friday flipped the script: hints of Iran-US peace talks sent oil tumbling, and Nifty shot up 461 points in a single day to close at 23,631.
The twist? No major Indian news caused any of this. A diplomatic conversation happening thousands of miles away moved your portfolio. That's the market we're in.
One more thing: Indian mutual funds and insurance companies kept buying every single dip last week. That steady 'domestic' buying is what stopped the market from falling harder. Every SIP deduction you made this month? That money went in as buying support. You helped hold the floor.
This Week: One Event Rules Them All
Five trading sessions. Multiple global triggers. But make no mistake — Wednesday night IST is the event that matters most this week: the US Federal Reserve (the Fed) announces its interest rate decision.
Think of the Fed like India's RBI — but for the world's biggest economy. When they speak, global money moves. Here's the simple version:
Disclaimer
This blog is for educational purposes only and does not constitute investment advice. All market levels are approximate analyst estimates — not guaranteed outcomes. Past performance does not guarantee future results. Investments are subject to market risks. Please read all scheme-related documents carefully before investing. Consult a SEBI-registered financial advisor before making investment decisions. GoPocket is a SEBI-registered intermediary.
