Trading in index is become so frustrating due to the war and USA inflation. so it is better to stay away from the market and wait till everything calms down. even though FII knows what the fed is going to do but still they are waiting for the interest hike data because they are preparing whether to crash the market immediately or gradually. so it is better to not hold any overnight positions.
and ya the interest hike they are going to announce will definitely affect everyone not only the traders.
Fed system is always like privatize the profits and socialize the losses
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