SignalIndia
Sensex Expiry Today Prediction 29 Oct Thursday: Trading guide after US Fed FOMC outcome; support, resistance, strategy
Sensex expiry trading guide follows US Fed FOMC outcome with support, resistance, strategy.
Context
What happened: Indian equity benchmarks opened marginally higher on Thursday as investors assessed the US Federal Reserve's decision to keep interest rates unchanged, while elevated crude oil prices and foreign fund outflows kept sentiment cautious.
Key numbers: Sensex gained 159 points, or
Why it matters: Analysts said the Fed decision was mildly positive for global equities, but India still faces external pressures from high crude prices, elevated US bond yields and persistent foreign selling. Traders are watching whether the Sensex can sustain above resistance during monthly expiry.
What changed
Indian equity benchmarks opened marginally higher on Thursday as investors assessed the US Federal Reserve's decision to keep interest rates unchanged, while elevated crude oil prices and foreign fund outflows kept sentiment cautious.
Why it matters
Analysts said the Fed decision was mildly positive for global equities, but India still faces external pressures from high crude prices, elevated US bond yields and persistent foreign selling. Traders are watching whether the Sensex can sustain above resistance during monthly expiry.