Market outlook today: Nifty will remain volatile due to rupee

Bull market or bear market?

We could see a pullback rally from the current levels as we have witnessed a sharp correction over the past two days.

Stocks likely to be in limelight today?
Jindal Steel and Power

Sectors likely to impact market today?
Metals likely to outperform today

Your mid-term view?
Nifty will remain volatile in the midterm on account of weakness in rupee and other emerging market currencies, crude prices and ongoing political tensions between the US and China.

What drove markets on Tuesday?
Markets continued to remain under pressure on account of the ongoing weakness seen in rupee combined with the escalation in the US-China tariff wars.

By, Nitasha Shankar, senior VP and head of research, YES Securities

Source: DNA Money