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Volatile opening likely as Fed meet, global weakness, and corporate triggers shape trade
Cautious global cues, the start of the Fed meeting, and mixed signals from GIFT Nifty set the stage for a volatile session with several heavyweight stocks in focus.
Early trading sentiment pointed to volatility as global cues remained fragile ahead of the US Federal Reserve meeting. At 7:20 AM, GIFT Nifty futures slipped over 100 points, indicating a weak opening, before stabilising slightly later in the morning. Asian markets traded cautiously with losses across Japan, South Korea, and Australia. US futures edged higher after approval of Nvidia’s reported chip sales arrangement with China.