Stock market outlook: Here's why Sensex, Nifty can fall in September

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Stock market outlook: Here's why Sensex, Nifty can fall in September - Business Standard

Quick Summary:

Short-term share market forecast: Among sectors, the Nifty PSU Bank, Metal and IT indices could fall up to 7 per cent from present levels; Bullish pivot for Nifty stands at 25,030.

Among sectoral indices, the Nifty PSU Bank was the chief loser, down 1.5 per cent it was closely followed by the Nifty IT index down 1.3 per cent.

The chart suggests that the overall bias is likely to remain tepid as long as the Metal index remains below 9,525 levels.