Market's showing some resilience this time, but I’m not convinced the volatility is over. Historically, these dips can be precursors to bigger drops, especially with macro uncertainty looming. Keeping a close watch on sentiment shifts
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Sentiments are still bullish among the people as they are still considering rate cut of at least 25 bps to happen next month.
Lets see what happens!
True, the buzz around a 25 bps rate cut in September is keeping bullish vibes alive. Market odds are high for it, but hotter inflation data recently could shake things up. Still, sentiment leans positive for now—let’s see how it plays out