ilmscore | Prediction Details
"companies corrected today because of the uncertainties over the trajectory of us interest rate Cuts now for those who track US markets data also you might be aware that there was a conviction which was built amongst the players that yes us may cut interest rates slowly and steadily now but because of the inflation data that came up in the US it was it was found that there there could be some delays in the interest rate cuts and that is the reason why that was not taken very positively by the it companies"
By CA Rachana Phadke Ranade | November 28, 2024 | Pending
From video
Why did NIFTY fall today? | Market RoundUp | CA Rachana Ranade 00:10:15 - 00:10:49
Interpreted Prediction
Uncertainty regarding US interest rate cuts, driven by recent US inflation data suggesting potential delays, negatively impacted IT companies.

Prediction Details

Topic
US Interest Rate Cuts

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