Market Outlook: Can Nifty find its footing as crude, Fed policy drive markets?

Indian equities enter a holiday-shortened week with the Nifty at a crucial support zone after five consecutive weekly declines. The US Fed’s policy decision, FOMC projections, crude oil prices, global bond yields and foreign flows will drive near-term sentiment. Analysts expect volatility to remain elevated but see scope for buying at lower levels, with the Nifty’s 23,000–23,300 zone in focus.