India's premier weather forecaster, India Meteorological Department (IMD) forecasted good monsoon spell in the country and termed it close to normal starting from May 15. Good monsoon means an easing of food prices and inflation.
Market indecisive chances of last leg of FOMO. Will wait for price confirmation for either being bearish or bullish. Still trading within the range of the historical ranges. Today Banknifty tested and tried to break the higher level but failed.